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    10700 Parallel Pkwy Kansas City, KS 66109
    Property profile & analytics

    10700 Parallel Pkwy Kansas City, KS 66109


    • Turn key restaurants
    • 7,440 SF
    • 1.45 lot acres
    Retail Space Near Kansas Speedway For Lease
    $1,005,000
    7,555 SF

    Retail Space Near Kansas Speedway

    Retail space in a shopping center with high visibility.

    10700 Parallel Pkwy, Kansas City, KS
    View Listing
    Property ID
    US33-0353958
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 10700 Parallel Pkwy

    Year built
    2010
    Lot size
    1.45 lot acres
    Property size
    7,440 SF
    Property type
    Turn key restaurants
    APN
    401706
    APU
    401706

    Description

    This exceptional 7,440-square-foot former Red Lobster restaurant presents a unique opportunity for lease or ground lease in Kansas City, Kansas. Situated on 1.46 acres at 10700 Parallel Parkway, this single-tenant property boasts 115 parking spaces, ensuring ample convenience for patrons. The building is located within the Plaza at the Speedway, a thriving 850,000-square-foot power retail center. This high-traffic location benefits from strong co-tenancy with established national brands including Walmart Supercenter, Kohl's, Sam's Club, Taco Bell, Olive Garden, Chick-fil-A, Jack in the Box, and Wendy's. The property's existing restaurant infrastructure offers significant advantages for a quick and efficient build-out, minimizing costs and time to market. Its prime location within a bustling retail center guarantees high visibility and accessibility, attracting a large customer base. This turnkey opportunity is ideal for established restaurant operators seeking a strategic expansion or new ventures looking to capitalize on a proven location in a high-demand market. The property is located in Wyandotte County, Kansas, with a zip code of 66109. This is a rare chance to acquire a well-positioned restaurant space in a premier retail destination.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,115,000
      Current use
      OFFICE BUILDING
      $930,000
      Change: -17% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.8274
    Latitude
    39.1291
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $112,645
    $286,145
    $356,253
    $642,398
    -
    $1,144,580
    $1,425,010
    $2,569,590
    View Listing
    More about this property
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