4929 Old Pike RdGladstone, MO 64118

For Sale
$1,300,000

Profitable Steak 'n Shake, 4,400 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 4,400-square-foot retail property, currently operating as a Steak 'n Shake, is available for sale at $1,300,000. Located at 4929 NW Old Pike Rd in Gladstone, Missouri (zip code 64118), this multi-tenant property sits on a 1.43-acre lot and benefits from a prime location on a Home Depot pad site within a thriving retail corridor. The property's strong tenant history and established location in a densely populated Gladstone neighborhood offer significant investment potential. Nearby retailers include major players such as Price Chopper, Sam's Club, Big Lots, Lowe's, and Office Depot, ensuring high visibility and foot traffic. The existing Steak 'n Shake operator will close prior to the closing of the sale, presenting a unique opportunity for redevelopment or securing a new tenant. The property is offered as an owner/user investment with a NNN lease type. The net rentable square footage is 4,400 square feet. This presents a compelling opportunity for investors seeking a high-traffic location with redevelopment potential in a strong retail market within the Kansas City DMA. The property is classified as a restaurant and storefront, offering versatility for various business ventures.

Highlights

  • $1,300,000 asking price for a 4,400 SF retail property.
  • Located on a Home Depot pad site in Gladstone, MO (Kansas City DMA).
  • Strong retail co-tenancy including Home Depot, Price Chopper, Sam's Club, and more.
  • Excellent demographics in an established Gladstone neighborhood.
  • Potential for redevelopment; existing operator will vacate prior to closing.

Property Details for 4929 Old Pike Rd

Property type
Other retail properties, Individual retail properties
Square Feet
4,400 SF
Lot Size (sq. ft)
62,291 SF

Location Insight

City
Gladstone
County
Clay
State
Missouri
Latitude
39.1830077
Longitude
-94.581406
4929 Old Pike Rd, Gladstone, Missouri

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4929 Old Pike Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message