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Shopping Strip

High Visibility Corner | Dentist & Domino's Pizza

9103 E State Rte 350, Raytown, MO 64133

Listing Price: $2,225,000

Cap Rate
7.15%
Gross SF
6,360
Rentable SF
6,360
Price/Gross SF
$349.84
Lot Size
0.58 acres
Year Built
1985

Investment Overview

100% occupied two-tenant center in Kansas MSA occupied by Domino's and SmileShack with annual rental increases. Domino's has been at the center since 2015 and SmileShack has over 5 years remaining on the lease term. Situated at a hard-corner location of State Route 350, Gregory Boulevard and Ditzler Avenue with a combined 578 feet of frontage and 35,740 vehicles passing per day. The property is directly across the street from Walgreens and adjacent to Towne Center Shopping Center. The area also sees additional daily traffic from the 77,900 vehicles frequenting interstate 435 1.5 Miles down the road. Additionally, within five miles there are 126,968 people who live near the subject property

Investment Highlights

  • 100% Occupied Two-Tenant Center in the Kansas City MSA | Domino's & SmileShack - Annual Rent Increases for Both Tenants
  • Domino's has Occupied Space at this Location Since 2015
  • High-Visibility, Hard-Corner Location | Combined 35,740 VPD
  • 1.5 Miles off of the Interstate 435 Interchange | 77,900 Vehicles per Day
  • Recent Capital Improvements | New Parking Lot

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Shopping Strip

High Visibility Corner | Dentist & Domino's Pizza

Listing Price: $2,225,000

Cap Rate
7.15%
Gross SF
6,360
Rentable SF
6,360
Price/Gross SF
$349.84
Lot Size
0.58 acres
Year Built
1985

Investment Highlights

  • 100% Occupied Two-Tenant Center in the Kansas City MSA | Domino's & SmileShack - Annual Rent Increases for Both Tenants
  • Domino's has Occupied Space at this Location Since 2015
  • High-Visibility, Hard-Corner Location | Combined 35,740 VPD
  • 1.5 Miles off of the Interstate 435 Interchange | 77,900 Vehicles per Day
  • Recent Capital Improvements | New Parking Lot

Investment Overview

100% occupied two-tenant center in Kansas MSA occupied by Domino's and SmileShack with annual rental increases. Domino's has been at the center since 2015 and SmileShack has over 5 years remaining on the lease term. Situated at a hard-corner location of State Route 350, Gregory Boulevard and Ditzler Avenue with a combined 578 feet of frontage and 35,740 vehicles passing per day. The property is directly across the street from Walgreens and adjacent to Towne Center Shopping Center. The area also sees additional daily traffic from the 77,900 vehicles frequenting interstate 435 1.5 Miles down the road. Additionally, within five miles there are 126,968 people who live near the subject property

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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