5900 Wilson AveKansas City, MO 64123

For Sale
$4,250,000

High-Traffic Retail Center, 7.44% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
92
This single-story, 29,440 square foot Class C shopping center in Kansas City, Missouri, presents a compelling investment opportunity. Boasting a 7.44% cap rate, the property is situated on a 3.355-acre lot at 5900 Wilson Ave, zip code 64123, and includes 142 parking spaces and one dock door. The center features a strong tenant mix, anchored by national brands such as Family Dollar, Rent-A-Center, Cricket Wireless, and Pizza Hut, complemented by four thriving local businesses. Its prime location on Independence Avenue, just south of the Historic Indian Mound neighborhood, ensures high visibility and accessibility. The property benefits significantly from its proximity to the Northeast Branch of the Kansas City Public Library and a high-traffic Price Chopper grocery store, driving consistent foot traffic. With minimal competition and a thriving surrounding residential and commercial area, this shopping center represents a stable and potentially lucrative investment. The property's APN is 13-730-16-02-01-0-00-000, and its permitted zoning is M1-5/ICO. The asking price is $4,250,000, translating to a price per square foot of $144.36.

Highlights

  • 29,440 SF neighborhood shopping center in Kansas City, MO, anchored by Family Dollar, Rent-A-Center, Cricket Wireless, and Pizza Hut.
  • Excellent location with high traffic and visibility, adjacent to Price Chopper and near the Kansas City Public Library.
  • Prime Independence Avenue location, south of the Historic Indian Mound neighborhood, with minimal competition.
  • One dock door.

Property Details for 5900 Wilson Ave

Property type
Lifestyle centers, Power centers
Square Feet
29,440 SF
Class
C
Stories
1
Lot Size (sq. ft)
146,144 SF

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
39.1065087
Longitude
-94.5128992
5900 Wilson Ave, Kansas City, Missouri

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5900 Wilson Ave
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