1980 2Nd St Kansas City, KS 66101
This exceptional 2,632 square foot retail opportunity is situated within the thriving Black Lark Apartments community at 1980 N 2nd Street, Wyandotte County. Built in 1962 and recently renovated, this single-story building offers a unique chance to capitalize on a built-in customer base. The center serves a large residential population of over 500 people residing in 265 newly renovated two and three-bedroom apartments. Recent upgrades to the building include new flooring, paint, and restrooms, ensuring a modern and attractive space for tenants. The property boasts a highly convenient location with easy access to major highways, facilitating quick commutes to downtown Kansas City. This area is experiencing significant ongoing development and increasing demand, presenting a strong investment prospect. The lease rate is $15.00 per square foot, modified gross, with tenants responsible for utilities and janitorial services. This single-tenant property presents a compelling investment opportunity in a rapidly growing market. The property's proximity to a large, established residential community guarantees a consistent flow of potential customers, making it an ideal location for a variety of retail businesses. The recent renovations ensure a modern and appealing space, ready for immediate occupancy.
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Black Lark Apartments Apartment Complex
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Housing Authority-Kansas City Housing Authority
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.