Single Tenant NNN Investment
$1,500,000
18-20 Westport Rd, Kansas City, MO 64111
7.18
Cap Rate
107,664.47
NOI
Details:
Highlights:
- Completely redeveloped building with newer roof, storefront and glazing, updated plumbing and electrical systems, and new HVAC equipment with warranty, plus $500,000+ in tenant improvements.
- 3 × 5-yr renewal options | 1st exercised at $34.63/SF beginning 7/1/29. 2nd & 3rd at market rate beginning 7/1/34 & 7/1/39.
- Real estate owned by an independent third-party Landlord.
Description:
This offering presents a rare opportunity in the heart of Kansas City’s Westport district. The fully renovated, single-story building is NNN leased to Camp Bow Wow, a nationally recognized dog daycare operator, providing stable cash flow and long-term rent growth potential. The adjacent 3,638 SF green space supports outdoor activity associated with the current use. Transit access and surrounding residential growth further enhance the investment profile.
Situated on the north side of Westport Road between Baltimore Avenue and Main Street in the heart of Midtown, the property offers excellent visibility and accessibility. Directly across from the newer 192-unit Katz apartment development and within walking distance of the KC Streetcar, the location benefits from strong residential density, nearby major employment centers, and pedestrian and vehicular traffic. The property is also within the Main Street Community Improvement District (CID), providing enhanced cleaning, beautification, and security.
Documents:
| Title | ||
|---|---|---|
| 18-20 Westport Rd - Financial Summary | ||
| 18-20_Westport_Rd_-_Marketing_Package.pdf |
Location
Gallery
