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Property profile & analytics
FOR LEASE
Retail space

1612 Grand Blvd Kansas City, MO 64108

4,950 SF 0.39 ac lot Built 1907
Entity Owned 4-yr Hold Free & Clear
Property ID
US48-0068501
Property summary
AI-generated overview

This stunning Class A executive office building, located at 1612 Grand Blvd in Kansas City, Missouri, offers 16,370 square feet of prime office space. Built in 1900, this historic building boasts three suites, currently entirely vacant and available for lease. The property is situated in Jackson County, zip code 64108, and provides multiple tenancy options. Individual suites range from a minimum of 4,970 square feet to a maximum contiguous space of 5,900 square feet, offering flexibility for businesses of varying sizes. The building's impressive size and prime location make it an ideal choice for companies seeking a prestigious address in the heart of Kansas City. The entire 16,370 square feet is currently available, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. This exceptional property offers a blend of historical charm and modern functionality, providing a sophisticated and productive work environment. Interested parties are encouraged to inquire about lease terms and availability. The property's location provides easy access to major transportation routes and a variety of amenities. This is a rare opportunity to secure a highly desirable office space in a coveted Kansas City location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1907
Construction WOOD
Total area 4,950 SF
Lot 0.39 ac (16,988 SF)
APN 29-230-34-12
UPID US48-0068501
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • THE BASEMENT: A Live Escape Room Experience Resort
  • Speedy House Cooling Masters Hardware & Home Improvement Home Appliance Store
  • Native Digital Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
$715k
Comparable Approach Comparable
$828k
Blend (final) Blend
$770k
Owner & transaction history
Carbondale Apartments Group LLC · 4 yrs held
Carbondale Apartments Group LLC
since 2022
7 recorded transactions
2022
Price N/A
2021
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A
2013
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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