102-110 Buckner Tarsney Rd Grain Valley, MO 64029
- Retail properties
- 43,390 SF
- 5.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 102-110 Buckner Tarsney Rd
- Year built
- 2002
- Lot size
- 5.00 lot acres
- Property size
- 43,390 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a 43,390-square-foot, multi-tenant retail property situated in the heart of Grain Valley, Missouri. The property, built in 2002, boasts 15 tenants operating within a single, one-story building on a 5-acre lot, achieving 100% occupancy. The current lease type is NNN, with a remaining term of 4 years. The property features 150 parking spaces and benefits from excellent visibility and accessibility, with convenient access to I-70. The strong tenant mix includes a diverse range of businesses, creating a vibrant and attractive retail destination. The property's Net Operating Income (NOI) is $33,785, resulting in a 6.50% cap rate. The asking price is $6,250,000. Located at 102-110 S Buckner Tarsney Rd, Grain Valley, MO 64029, this property offers a compelling investment opportunity due to its high occupancy rate, strong tenant base, and prime location within a growing community. The property's location near a recently constructed 154-unit apartment complex further enhances its potential for future growth and increased revenue. The property's parcel number is 37-830-08-03-01-1-00-000 and is zoned for commercial use. Five of the fifteen tenants have occupied their spaces since 2010, demonstrating long-term stability and commitment. Tenant signage is prominently displayed on the building.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grain Valley
- County
- Jackson
- State
- Missouri
- Longitude
- -94.1998
- Latitude
- 39.0099
