100-172 Cedar Tree Sq Belton, MO 64012
- Neighborhood centers
- 89,130 SF
- 10.56 lot acres
Current Use by Public Records
- Neighborhood centers
Property Details for 100-172 Cedar Tree Sq
- Year built
- 1977
- Lot size
- 10.56 lot acres
- Property size
- 89,130 SF
- Property type
- Neighborhood centers
- Property subtype
- Community centers
Description
Cedar Tree Shopping Center presents a compelling investment opportunity in the thriving Belton, MO market. This Class B retail center, totaling 89,130 square feet, sits on a 10.56-acre lot and boasts a prime location at the intersection of Hwy 58 and I-49 in Cass County. Built in 1977 and recently renovated, the property offers a diverse range of space options, accommodating small shops and anchor tenants alike. Currently, six spaces are available, ranging in size from 900 to 31,945 square feet, providing flexibility for various retail and restaurant concepts. The center enjoys strong tenancy, with established businesses such as Planet Fitness, Brewbakers Bar & Grill, Five Guys, and Reece Nichols already in place, creating a vibrant and attractive shopping destination. The property features ample parking, with a ratio of 5.44 spaces per 1,000 square feet. Annual property taxes amount to $3.43 per square foot. This well-located, renovated center offers a unique chance to capitalize on the growth of the Belton area and benefit from the existing strong tenant mix. The property's size and location make it an ideal investment for both experienced and emerging investors seeking a stable and potentially high-return retail asset. The recent renovations ensure the property is modern and well-maintained, minimizing immediate capital expenditure needs. The diverse range of available spaces allows for a variety of leasing strategies to maximize rental income.
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
- Belton
- County
- Cass
- State
- Missouri
- Longitude
- -94.5089
- Latitude
- 38.8138
