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    6301-6319 Troost Ave Kansas City, MO 64131

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    For Lease
    Contact for pricing

    Kansas City retail center, multiple spaces available.

    Lot size:
    127,424 SF

    Property Features for 6301-6319 Troost Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    127,424 SF

    Spaces For Lease

    at 6301-6319 Troost Ave, Kansas City, MO 64131 Contact us
    Unit Available Space 28

    $16 /Mo

    Size
    1,630 SF
    Contact us
    Unit Available Space 6

    $16 /Mo

    Size
    5,261 SF
    Contact us
    Unit Available Space 3

    $16 /Mo

    Size
    2,737 SF
    Contact us
    Unit Available Suite 9

    $16 /Mo

    Size
    2,400 SF
    Contact us
    Unit Available Suite 2

    $9 /Mo

    Size
    6,254 SF
    Contact us
    Unit Available Suite 8

    $9 /Mo

    Size
    12,000 SF
    Contact us
    Unit Available Space 15

    $16 /Mo

    Size
    4,075 SF
    Contact us
    Unit Available Anchor 5

    $9 /Mo

    Size
    35,702 SF
    Contact us
    Unit Available Pad Site - Build-to-Suit 26

    $16 /Mo

    Size
    43,560 SF
    Contact us
    Unit Available Space 18

    $16 /Mo

    Size
    4,312 SF
    Contact us
    Unit Available Space 27

    $16 /Mo

    Size
    4,267 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    David Block
    David Block

    Listing Agency: Block & Company Inc Listing Agent: David Block

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Landing Shopping Center, located at 6301-6319 Troost Ave in Kansas City, Missouri, presents a significant retail opportunity within Jackson County. This established shopping center boasts a total of 127,424 square feet of leasable space, currently featuring 78,638 square feet of vacant space ready for immediate occupancy. The property is ideally suited for a variety of retail tenants, offering flexible space options. Units range from a minimum of 1,630 square feet to a maximum contiguous space of 35,702 square feet, allowing for businesses of various sizes to find a suitable fit. Eleven spaces are currently available, providing ample opportunity for expansion or new ventures. The center's strategic location in a thriving neighborhood within the 64131 zip code offers excellent visibility and accessibility for customers. This is an exceptional chance to establish or expand a retail presence in a well-established Kansas City shopping center with significant available space. The property is classified as a Neighborhood Center/Shopping Center and offers multiple tenancy options. The property's prime location and substantial vacant space make it an attractive investment for businesses seeking a strong foothold in the Kansas City market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.573801
    Latitude
    39.013096

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    FAQs

    What type of property is this?
    Lifestyle center - Kansas City retail center, multiple spaces available.
    Where is this lifestyle center located?
    The property is located at 6301-6319 Troost Ave Kansas City, MO.
    What is the lease rate?
    The lease rate is $9-$16 SF/Yr.
    What are key features of this property?
    This property features: Enclosed retail mall in prime Kansas City location.; High-profile Kansas City landmark.; Strong tenant mix including Citi Trends, Kansas City Costume Co, Gen X, Rainbow Fashion, Wendy's, Topsy's Popcorn, and Yummi Crab.
    (816) 412-7400 Call to check price and availability
    Request Owner's contact information
    6301-6319 Troost Ave Kansas City, MO 64131
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    Kansas City, MO 64131
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6301-6319 Troost Ave Kansas City, MO 64131
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Block
    David Block
    Real Estate License ID: BR00015006
    (816) 412-7400 (816) 591-1400 (816) 753-6000
    Learn more
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