Grocery-Anchored Shopping
For Sale
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8101 State Ave, Kansas City, KS 66112
Neighborhood retail center with grocery, pharmacy, restaurant, service, clothing, and education tenants.
Property SizeContact for details
Days on Market143
Property Features for 8101 State Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Peak Real Estate Partners
Listed By:
Mike Yeggy · License #KS 00233604
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 10:13PM
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 Peak Real Estate Partners
Investment Insights
Based on property information with market context.
Westfield Shopping Center is an 89,793-square-foot retail property with a grocery anchor and a broad mix of national and local tenants. The tenant roster includes Save-A-Lot, CVS, Family Dollar, Citi Trends, Domino’s, T-Mobile, Jackson Hewitt, American Family Insurance, and Fantastic Sam’s, along with businesses serving restaurant, salon, insurance, tax preparation, professional service, clothing, and higher-education users.
Save-A-Lot has occupied the center since 2010 and extended its lease through 2032. CVS, the largest tenant, extended its term through 2036 after 52 years at the property. Family Dollar has operated at the center for 31 years, while Citi Trends and Family Dollar have leases extending through 2029.
The property includes 20 tenants, with 10 tenants representing 74% of leased square footage having occupied the center for more than 10 years. Sixteen tenants have scheduled rent increases during their remaining lease terms, and half have extension options that include rent increases. The weighted average lease term is 6.9 years.
Save-A-Lot has occupied the center since 2010 and extended its lease through 2032. CVS, the largest tenant, extended its term through 2036 after 52 years at the property. Family Dollar has operated at the center for 31 years, while Citi Trends and Family Dollar have leases extending through 2029.
The property includes 20 tenants, with 10 tenants representing 74% of leased square footage having occupied the center for more than 10 years. Sixteen tenants have scheduled rent increases during their remaining lease terms, and half have extension options that include rent increases. The weighted average lease term is 6.9 years.
Key Highlights
- 89,793‑square‑foot retail center anchored by Save‑A‑Lot
- CVS lease extended through 2036; CVS has occupied the property for 52 years
- Save‑A‑Lot tenancy dates to 2010, with its lease extended through 2032
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
54k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 36%
Groceries 16%
Apparel 4%
SONIC Drive In
Dining
9,413 visits/mo
0.5 miles
Save-A-Lot
Groceries
8,386 visits/mo
0.1 miles
Hardee's
Dining
6,220 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,279 visits/mo
0.1 miles
Phillips 66
Shops & Services
3,963 visits/mo
0.3 miles
Demographics for 66112, KS
12,507
Population
5,512
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
88%
High-School Grad
5.5 sq mi
ZIP Area
2,274
Density / Sq Mi
$62,824
Median Household Income
$38,441
Median Earnings
$1,132
Median Rent
$186,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Westfield Shopping Center — 8145 State Ave, Kansas City, KS 66112
- Wyandotte Plaza — 7600 State Ave, Kansas City, KS 66112
- Alpine East — 7735 Washington Ave Suite E, Kansas City, KS 66112
Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood retail center with grocery, pharmacy, restaurant, service, clothing, and education tenants.
Where is this shopping center located?
The property is located at 8101 State Ave Kansas City, KS.
What are key features of this property?
This property features: 89,793‑square‑foot retail center anchored by Save‑A‑Lot; CVS lease extended through 2036; CVS has occupied the property for 52 years; Save‑A‑Lot tenancy dates to 2010, with its lease extended through 2032
