NNN Retail Center with Corner
6403-6417 N Prospect Ave Kansas City, MO 64119
For Sale
Contact for pricing
100% occupied NNN retail center on a hard corner lot with multiple ingress/egress.
Property Size11,614 SF
Price / SF$234.20
Days on Market230
Property Features for 6403-6417 N Prospect Ave
General Information
Standard status
Active
Size
11,614 SF
Property subtype
RETAIL
Listing Agency:
Cooper Commercial Investment Group
(216) 562-1981
Listed By:
Bob Havasi · License #SAL.2006007277
Source:
Moodyscre
Added: Dec 12, 2025
Changed: Jul 29
Last Checked: Jul 29 at 4:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cooper Commercial Investment Group
Investment Insights
Based on property information with market context.
This NNN retail center is 100% occupied and positioned on a hard corner lot with multiple points of ingress and egress. The center’s current tenant mix includes Athletico Physical Therapy, Regional Finance, Laura’s Paw Spa, and Hunan Garden Restaurant, with multiple recent renewals and a brand-new 10-year lease noted for Laura’s Paw Spa, plus over five years remaining for Hunan Garden Restaurant.
The property is shadowed by the North Kansas City School District, including the Early Education Center and the Professional Development Center, which supports regular weekly trainings for district educators. Public remarks also cite strong visibility and access supported by combined traffic counts totaling 30,000+ VPD.
Additional context provided in the offering includes approximately 165,000 people within a five-mile radius and average household incomes of $102k, along with proximity described as about 15 miles from Kansas City International Airport (opened February 2023).
The property is shadowed by the North Kansas City School District, including the Early Education Center and the Professional Development Center, which supports regular weekly trainings for district educators. Public remarks also cite strong visibility and access supported by combined traffic counts totaling 30,000+ VPD.
Additional context provided in the offering includes approximately 165,000 people within a five-mile radius and average household incomes of $102k, along with proximity described as about 15 miles from Kansas City International Airport (opened February 2023).
Key Highlights
- 100% occupied NNN retail center with service‑oriented tenants
- Hard corner lot with multiple points of ingress and egress; 30,000+ VPD combined traffic counts
- Tenant renewals include Athletico Physical Therapy (5‑yr renewal, 600+ locations) and Regional Finance (5‑yr renewal, 350+ locations)
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.1k | $14.04 |
| − Vacancy | −$6.4k | −$0.55 |
| EGI | $156.7k | $13.49 |
| − OpEx | −$47.0k | −$4.05 |
| NOI | $109.7k | $9.44 |
11,614 SF · lease $14.04/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.57M
$1.37M – $1.83M
NOI $109,691 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.67M
$7.58M – $10.11M
NOI $606,755 @ 7.0% cap · market cap 22.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
NNN property - 100% occupied NNN retail center on a hard corner lot with multiple ingress/egress.
Where is this nnn property located?
The property is located at 6403-6417 N Prospect Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $2,720,000.
What are key features of this property?
This property features: 100% occupied NNN retail center with service‑oriented tenants; Hard corner lot with multiple points of ingress and egress; 30,000+ VPD combined traffic counts; Tenant renewals include Athletico Physical Therapy (5‑yr renewal, 600+ locations) and Regional Finance (5‑yr renewal, 350+ locations)
