7700 Parallel PkwyKansas City, KS 66112

Property Details for 7700 Parallel Pkwy

Year built

1971

Lot size

1.99 AC

Property size (Sq ft)

24,133 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

12005

APU

12005

Description

This exceptional retail opportunity is located at 7700 Parallel Parkway in Kansas City, Kansas, within the vibrant Parallel Parkway Shopping Center in Wyandotte County, zip code 66112. The property offers two available retail spaces, ideal for a variety of businesses. Each space boasts excellent visibility from Parallel Parkway, ensuring high foot traffic and brand recognition. The smaller space offers a minimum of 1,260 square feet, while the larger space provides a maximum of 2,590 contiguous square feet. This allows for flexibility in tenant needs, accommodating businesses of varying sizes. The center enjoys a strong anchor tenant, AutoZone, further enhancing the property's appeal and drawing in a consistent customer base. The property type is retail, specifically a strip center, with multiple tenancies. This prime location in Kansas City, Kansas offers a unique chance to establish or expand your business within a well-established and highly visible shopping center. The property is situated at 39.129103 latitude and -94.757893 longitude. Serious inquiries are encouraged to explore this exciting retail investment opportunity. Contact us to learn more about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $6,649,812

  6.5%

  $6,138,288

  7%

  $5,699,839

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,350,108

  Geo Method

  $4,350,108

• Alternative Use

  Use

  Valuation

  Residential

  $5,177,876

  Hospitality

  $4,742,906

  Educational

  $3,946,042

  Medical

  $4,081,753

  Retail

  $6,138,288

Location Insight

City

Kansas City

County

Wyandotte

State

Kansas

Latitude

39.1291

Longitude

-94.7579

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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