7622 State Ave - Freestanding FOR SALE
Kansas City, KS 66112 |
$889,000 USD
214-692-2847
7622 State Ave
Kansas City, KS 66112
HIGHLIGHTS
- LOWEST RENT FOR NEWER PROTOTYPE: The subject property was constructed in 2013, but uniquely offers a rental rate more than 50% lower than the average.
- SIGNIFICANT POSITIONING UPGRADE: This location previously operated from an inline suite in the former shopping center.
- 60-YEAR OPERATING HISTORY: This location originally opened as a Western Auto Supply store in 1965.
- NATIONAL FORTUNE 500 COMPANY: Advance Auto Parts operates 4,777 stores between the United States and Canada.
- KANSAS CITY MARKET: Kansas City is a top 30 MSA nationally, benefiting from its position as a logistics hub within a 2-day drive of 85% population.
- PROXIMITY TO COMMERCIAL CLIENTS: There are several major auto dealerships this store serves in immediate proximity.
FOR SALE DETAILS
PRICE
$889,000 USD
PRICE/SF
$110 USD /SF
CAP RATE
5.49%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.87 AC
LAND SF
37,897 SF
ZONING
-
APN/PARCEL ID
407106
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214-692-2847
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214-692-2847
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