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1523 W 89th St
Kansas City, MO 64114 Western Hills

$3,450,000 USD

Bowling Alley For Sale  •  21,155 SF

Property Details

• Property Type Bowling Alley
• Total Building Size 25,433 SF
• Lot Size 2.2 AC
• Building Class C
• Year Built 1959
• Cap Rate 6.47 %
• Tenancy Single

30 Transit Score

59 Walk Score

Highlights

4+ years remaining on absolute net lease

2.5% annual rental increases throughout the base term, which increases to 3% throughout the option period

Covered land play - landlord has early termination right for future development

Very strong unit level performance (ask Agent for more details)

Below market rent – $8.78/SF

Ranks in the top 9% of “attractions” in the state of Missouri and top 10% of “leisure” properties nationwide in terms of annual visits (per Placer.ai)

Property Flyers

WardParkwayLanes_KansasCityMO

Cap Rate:

6.47 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	22 min	-	9.2 mi
Airport	Drive	Walk	Distance
Kansas City International	47 min	-	28.6 mi