10900 Parallel PkwyKansas City, KS 66109

Property Details for 10900 Parallel Pkwy

Year built

2007

Construction

FRAME

Lot size

1.55 AC

Property size (Sq ft)

5,677 SF

Property type

Banks

APN

289900

APU

289900

Description

Piper Plaza, located at 10900 Parallel Pkwy, Kansas City, KS 66109, offers a prime retail opportunity. This strip center boasts one available space totaling 2,167 square feet, situated in a high-traffic area adjacent to the Outlet Legends Mall. The property is strategically positioned within Kansas City's vibrant retail and entertainment district, benefiting from significant foot traffic and visibility. The center features a fitness anchor tenant, further enhancing its appeal and drawing a diverse customer base. This rare vacancy presents a unique chance for businesses seeking a well-located space in a thriving commercial area of Wyandotte County. The property's location in Kansas City, Kansas offers easy access to major transportation routes, ensuring convenient access for both customers and employees. The 2,167 square foot space is ideal for a variety of retail uses, providing ample room for a diverse range of businesses to establish a strong presence. This is an exceptional opportunity to secure a retail space in a high-demand location with excellent visibility and strong anchor tenants. The property is classified as a retail strip center with multiple tenancies. Further details regarding lease terms and conditions are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,604,443

  6.5%

  $1,481,024

  7%

  $1,375,237

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,023,311

  Geo Method

  $1,023,311

• Alternative Use

  Use

  Valuation

  Residential

  $1,249,300

  Hospitality

  $1,144,352

  Educational

  $952,087

  Medical

  $984,831

  Retail

  $1,481,024

Location Insight

City

Kansas City

County

Wyandotte

State

Kansas

Latitude

39.1291

Longitude

-94.8321

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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