Skip to main content

Electronics

Verizon Wireless | Kansas City | Pad to Sam’s Club | Relocation Site | Strong Daytime Population

5170 N Oak Trfy, Kansas City, MO 64118

Listing Price: $1,575,000

Cap Rate
7.00%
Tenant Name
Verizon Wireless
Years Remaining On Lease
5.3
Gross SF
2,853
Guarantor
Franchisee Guarantee
Rentable SF
2,853
Price/Gross SF
$552.05
Lease Type
Double Net
Rent Per Square Feet
$38.66

Investment Overview

Kansas City, Missouri, is a bustling metropolis that exudes a vibrant blend of history, culture, and urban energy. Nestled in the heartland of the United States, this dynamic city offers a myriad of attractions and experiences for residents and visitors alike. Renowned for its rich jazz heritage, Kansas City resonates with the soulful rhythms that once echoed through its jazz clubs and still resonate through its vibrant music scene today. The city’s love affair with music extends beyond jazz, as it embraces various genres, from blues and rock to country and hip-hop, with numerous venues catering to diverse musical tastes. A melting pot of cultures, Kansas City celebrates diversity through its diverse neighborhoods, each with its own unique character and charm. From the historic architecture and charming streets of the Country Club Plaza to the lively ambiance and delectable cuisine of the Westport district, there is always something new to discover around every corner. The city’s culinary scene is a true delight, with its world-famous barbecue offering mouthwatering flavors that have become synonymous with Kansas City.

Investment Highlights

  • Relocation of High-Performing Store. Lease Features 7.5% Increase at Each Option. 2019 High Quality Construction.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility Along Major Artery with Direct Access to Downtown Kansas City (23k VPD).
  • Corporate Guaranty from Cellular Sales of Knoxville - Largest Verizon Wireless Franchisee in the Unites States with nearly 800 Stores in 40 Sates Currently Operating.
  • Strong Daytime Population - Surrounded by Business Parks, Dealerships and Regional Office Spaces w/in Walking Distance or a Short Drive (73k+ Employees within a 5-Mile Radius).
  • Outparcel to Sam's Club (Over 1.44 Million Annual Visitors) and near Numerous Other National Retailers including Lowe's, The Home Depot, Big Lots, Price Chopper and many more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $80k and over 158k People Residing within a 5-Mile Radius.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Retail & Housing Developments / Under Construction.
  • The Site Benefits from its Close Proximity to Downtown Kansas City - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy. In Close Proximity to Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Electronics

Verizon Wireless | Kansas City | Pad to Sam’s Club | Relocation Site | Strong Daytime Population

Listing Price: $1,575,000

Cap Rate
7.00%
Tenant Name
Verizon Wireless
Years Remaining On Lease
5.3
Gross SF
2,853
Guarantor
Franchisee Guarantee
Rentable SF
2,853
Price/Gross SF
$552.05
Lease Type
Double Net
Rent Per Square Feet
$38.66

Investment Highlights

  • Relocation of High-Performing Store. Lease Features 7.5% Increase at Each Option. 2019 High Quality Construction.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility Along Major Artery with Direct Access to Downtown Kansas City (23k VPD).
  • Corporate Guaranty from Cellular Sales of Knoxville - Largest Verizon Wireless Franchisee in the Unites States with nearly 800 Stores in 40 Sates Currently Operating.
  • Strong Daytime Population - Surrounded by Business Parks, Dealerships and Regional Office Spaces w/in Walking Distance or a Short Drive (73k+ Employees within a 5-Mile Radius).
  • Outparcel to Sam's Club (Over 1.44 Million Annual Visitors) and near Numerous Other National Retailers including Lowe's, The Home Depot, Big Lots, Price Chopper and many more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $80k and over 158k People Residing within a 5-Mile Radius.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Retail & Housing Developments / Under Construction.
  • The Site Benefits from its Close Proximity to Downtown Kansas City - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy. In Close Proximity to Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Investment Overview

Kansas City, Missouri, is a bustling metropolis that exudes a vibrant blend of history, culture, and urban energy. Nestled in the heartland of the United States, this dynamic city offers a myriad of attractions and experiences for residents and visitors alike. Renowned for its rich jazz heritage, Kansas City resonates with the soulful rhythms that once echoed through its jazz clubs and still resonate through its vibrant music scene today. The city’s love affair with music extends beyond jazz, as it embraces various genres, from blues and rock to country and hip-hop, with numerous venues catering to diverse musical tastes. A melting pot of cultures, Kansas City celebrates diversity through its diverse neighborhoods, each with its own unique character and charm. From the historic architecture and charming streets of the Country Club Plaza to the lively ambiance and delectable cuisine of the Westport district, there is always something new to discover around every corner. The city’s culinary scene is a true delight, with its world-famous barbecue offering mouthwatering flavors that have become synonymous with Kansas City.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

MM Texture Background
MM Textured Background Lower