844-846 Minnesota Ave Kansas City, KS 66101
This exceptional investment opportunity presents a 6,723 square foot single-tenant retail building situated on a 0.21-acre lot at 844-846 Minnesota Avenue in Kansas City, Kansas. Constructed in 1932, the property is zoned KCD and boasts a desirable location within a thriving commercial area. Currently leased to Rent-A-Center, this building offers a stable income stream and significant potential for future growth. The property's strategic placement ensures high visibility and accessibility, benefiting from proximity to major roadways and a strong concentration of established businesses. Neighboring businesses include prominent national chains such as Security Bank, CVS, Sonic, Las Palmas Restaurant, McDonald's, and Cricket Wireless, creating a vibrant and attractive commercial environment. The building's size and location make it ideal for a variety of retail uses, presenting a compelling opportunity for investors seeking a stable, income-producing asset in a high-traffic area of Kansas City. The property's history and current occupancy demonstrate its enduring appeal and potential for long-term success. Further details regarding pricing are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.