Property Details for 1980 2Nd St

Year built

1962

Property size

2,632 SF

Property type

Retail properties & Spaces

Description

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.

Location Insight

City

Kansas City

County

Wyandotte

State

Kansas

Longitude

-94.6152

Latitude

39.1272