Property summary
This single-story, 29,440 square foot Class C shopping center in Kansas City, Missouri, presents a compelling investment opportunity. Boasting a 7.44% cap rate, the property is situated on a 3.355-acre lot at 5900 Wilson Ave, zip code 64123, and includes 142 parking spaces and one dock door. The center features a strong tenant mix, anchored by national brands such as Family Dollar, Rent-A-Center, Cricket Wireless, and Pizza Hut, complemented by four thriving local businesses. Its prime location on Independence Avenue, just south of the Historic Indian Mound neighborhood, ensures high visibility and accessibility. The property benefits significantly from its proximity to the Northeast Branch of the Kansas City Public Library and a high-traffic Price Chopper grocery store, driving consistent foot traffic. With minimal competition and a thriving surrounding residential and commercial area, this shopping center represents a stable and potentially lucrative investment. The property's APN is 13-730-16-02-01-0-00-000, and its permitted zoning is M1-5/ICO. The asking price is $4,250,000, translating to a price per square foot of $144.36.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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