Value Add – 4 Property Shopping Center Portfolio

Raytown, MO
Total Price $ 9,292,000 (Available Individually)
Cap Rate 8.00%
Total NOI $743,358

For More Information

Spencer O’Donnell
714-400-6267

Property Description

  • 4-Property Multi-Tenant Retail Investment Portfolio (Available Individually)

  • Value-Add Neighborhood Shopping Centers – 21,225 SF to 99,800 SF – Below Market Rents – Vacancy with Huge Upside

  • Grocery-Anchored – Featuring National Tenants Dollar General, Fresenius – Long-Term Corporate Credit Tenants

  • Dollar General (NYSE: DG) – S&P 500 Component – Rated “BBB” Investment Grade – $37.9 Billion Revenue – 19,643 Stores

  • Fresenius Medical Care (NYSE: FMS) – Forbes Global 2000 – Rated “BBB-” Investment Grade – $20.8 Billion Revenue – 128,000 Employees

  • Kansas City (Raytown) – Largest City in Missouri – 6th Largest in Midwest – Pro-Business, High Growth Rate

  • Nearby Adjacent National Retailers that Drive Traffic Include CVS Pharmacy, McDonald’s, Family Dollar, USPS, and others

  • 3-Mi From Arrowhead Stadium – Home to Kansas City Chiefs Superbowl Champions – Excellent Visibility and Access

  • Fee Simple (Land & Building) – Depreciable Asset – Delivered Free & Clear of Debt

Area Demographics

Radius
Population 2024
Median HH Income
Average HH Income
1 miles
8,845
$62,776
$94,674
3 miles
54,829
$61,861
$87,058
5 miles
131,573
$61,055
$84,042