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Retail Property on Broadway Boulevard
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4114-4118 Broadway Boulevard, Kansas City, MO 64111

Retail property available for sale on Broadway Boulevard.

Property Size14,000 SF
Price / SF$285.71
Days on Market2969

Property Features for 4114-4118 Broadway Boulevard

General Information

Standard status Active
Size 14,000 SF
Total Parking Spaces 10
Property subtype Retail
Investment Type Owner/User

Building Details

Stories 2
Listing Agency: Block & Company Inc
Listed By: Tony DeTommaso · License #KS 000001461
Source: Crexi
Added: Sep 4, 2018 Changed: Oct 17 Last Checked: Oct 19 at 7:28AM

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 Block & Company Inc

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Investment Insights

Based on property information with market context.

A retail property is available for sale. The property offers a total size of 14000 square feet and is located on Broadway Boulevard in Kansas City, Missouri.

Key Highlights

  • No property information was provided to generate selling points.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$131,676
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,633,520 $2.6M
Cap Rate 7%
$1,881,086 $1.9M
Cap Rate 9%
$1,463,067 $1.5M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$196.6K $14.04/SF
− Vacancy
−$8.5K −$0.60/SF
EGI
$188.1K $13.44/SF
− OpEx
−$56.4K −$4.03/SF
NOI
$131.7K $9.41/SF
Area
Kansas City, MO
Vacancy
4.30%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,633,520
Cap Rate 7%
$1,881,086
Cap Rate 9%
$1,463,067

Alternative Uses

Best Use
Retail
$1.88M
$1.65M – $2.19M (±1% cap)
NOI $131,676 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.33M
$2.92M – $3.89M (±1% cap)
NOI $233,426 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail properties & Spaces

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,962
Businesses Nearby
315k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Shops & Services 37% Home Improvements & Furnishings 11% Hotels & Casinos 6%
QuikTrip Shops & Services
50,095 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
44,754 visits/mo 0.2 miles
Starbucks Dining
24,306 visits/mo 0.3 miles
World Market Home Improvements & Furnishings
21,011 visits/mo 0.1 miles
Office Depot Office Supplies
17,290 visits/mo 0.3 miles

Demographics for 64111, MO

17,112
Population
12,430
Households
1.4
Avg Household Size
33
Median Age
64%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,338
Density / Sq Mi
$61,802
Median Household Income
$49,942
Median Earnings
$1,184
Median Rent
$269,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Kansas City, MO

7.7% 2019
8.4% 2020
7.3% 2021
6.6% 2022
6.6% 2023
5.5% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail property - Retail property available for sale on Broadway Boulevard.
Where is this retail property located?
The property is located at 4114-4118 Broadway Boulevard Kansas City, MO.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: No property information was provided to generate selling points.
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