Restaurant with
7016 Troost Ave, Kansas City, MO 64131
For Sale
Contact for pricing
A built-out food-service space includes a commercial kitchen, bar, dining area and retail display counter.
Property Size5,000 SF
Price / SF$139.80
Days on Market55
Property Features for 7016 Troost Ave
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Patio
Building Details
Buildings
Listing Agency:
Realty ONE Group Encompass
Listed By:
Steve Fennell jr. · License MO #7698227
Source:
Crexi
Added: Sep 16
Changed: Oct 29
Last Checked: Nov 8 at 7:07AM
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 Realty ONE Group Encompass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,000 SF restaurant property is operating with a commercial kitchen and expo line, a service bar with beverage storage and draft service, and an interior dining room with varied seating. A market-style display counter and an outdoor patio facing Troost Ave. are also part of the build-out. The property occupies the full building.
Located at 7016 Troost Ave. in Kansas City, Missouri, the property is zoned B3-2 Community Business. Existing improvements include restaurant, bar and dining infrastructure.
Located at 7016 Troost Ave. in Kansas City, Missouri, the property is zoned B3-2 Community Business. Existing improvements include restaurant, bar and dining infrastructure.
Key Highlights
- 5,000 SF building occupied in its entirety by the restaurant
- Commercial kitchen with expo line
- Service bar with back‑bar storage and draft/beverage service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,055
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,100
$1.2M
Cap Rate 7%
$829,357
$829.4K
Cap Rate 9%
$645,056
$645.1K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$79.8K $15.96/SF
− Vacancy
−$2.4K −$0.48/SF
EGI
$77.4K $15.48/SF
− OpEx
−$19.4K −$3.87/SF
NOI
$58.1K $11.61/SF
Area
Kansas City, MO
Vacancy
3.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,100
Cap Rate 7%
$829,357
Cap Rate 9%
$645,056
Alternative Uses
Best Use
Specialty Retail
$829.4K
$725.7K – $967.6K
NOI $58,055 @ 7.0% cap · market cap 8.31%
Second Best
Industrial
$470.6K
$411.8K – $549.1K
NOI $32,943 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,366 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 87%
Shops & Services 13%
Cricket Wireless Authorized Retailer
Electronics
2,435 visits/mo
0.2 miles
Public Storage
Shops & Services
348 visits/mo
0.4 miles
Demographics for 64131, MO
21,837
Population
11,005
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
8.5 sq mi
ZIP Area
2,569
Density / Sq Mi
$63,374
Median Household Income
$41,999
Median Earnings
$1,139
Median Rent
$217,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Conventional restaurants in Kansas City
Vacancy Rate% for Retail in Kansas City, MO
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A built-out food-service space includes a commercial kitchen, bar, dining area and retail display counter.
Where is this conventional restaurant located?
The property is located at 7016 Troost Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 5,000 SF building occupied in its entirety by the restaurant; Commercial kitchen with expo line; Service bar with back‑bar storage and draft/beverage service
