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6403-6479 N Prospect Ave
Gladstone, MO 64119

$2,736,000 USD

Freestanding For Sale  •  11,558 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 11,558 SF
  • Lot Size 0.92 AC
  • Building Class C
  • Year Built 2006
  • Cap Rate 7.75 %
  • Tenancy Multiple
0 Transit Score
56 Walk Score

Highlights

100% Occupied, NNN Retail Center with Desirable Service Oriented Tenants, Shadowed by Highly Rated North Kansas City School District
Strong Demographics: Approx. 165k People Within 5 Mile Radius & Average Household Incomes of $102k
Recent Capital Improvements: Roof Completely Replaced in 2024 with Warranty Through 2044 and Close to $100k in Storefront Concrete Replacement
Second Largest Metro Area in the State of Missouri and Positioned to Serve Commuters from Surrounding Suburbs and Nearby Schools
Recent Renewals and Brand-New Leases: Athletico Physical Therapy (5-Yr Renewal/600+ Locations)& Regional Finance (5-Yr Renewal/350+ Locations)
Just 3 Miles from Oak Park High School: Over 1,600 Students and Faculty Combined, was Named a 2018 National Model High School

Property Flyers

Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
AthletiCo Physical Therapy 2,520 SF 12/31/2030
Regional Finance 2,000 SF 8/31/2031

Public Transportation

AirportDriveWalkDistance
Kansas City International 22 min - 16.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 191
Type: Surface
Included in Rent: Yes
Dan Cooper 440-915-7902 Cooper Commercial Investment Group
Dan Cooper 440-915-7902 Cooper Commercial Investment Group