1980 2Nd St Kansas City, KS 66101
- Retail properties
- 2,632 SF
Current Use by Public Records
- Black Lark Apartments / Apartment Complex
- Housing Authority-Kansas City / Housing Authority
Property Details for 1980 2Nd St
- Year built
- 1962
- Property size
- 2,632 SF
- Property type
- Retail properties
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Wyandotte
- State
- Kansas
- Longitude
- -94.6152
- Latitude
- 39.1272
