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All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice. Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com NEW MARK SHOPPING CENTER FOR SALE 81,884 SF Shopping Center anchored by 52,000 SF high volume Sun Fresh Grocery Strong residential growth area north of the river on an excellent intersection located two miles north of 152 Highway & 1/2 mile east of 169 Highway Sun Fresh occupies 64% of the shopping and just extended their lease option early, lease is guaranteed by Associated Wholesale Grocers (AWG) Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has seen strong sales increases annually Huge upside potential with rent increases For More Information Contact: Exclusive Agents DAVID BLOCK | 816.412.7400 | [email protected] JAY FRIEDMAN | 816.412.7334 | [email protected] CLICK HERE TO VIEW MORE LISTING INFORMATION GROCERY ANCHORED SC | FIRST TIME LISTED N. Oak Tfwy & 102nd St, Kansas City, MO | A Suburb of Kansas City RETAIL PAD BUILDING Sales Price: $11,828,193.51 CAP Rate: 7.0% NOI (Current): $827,973.55 GLA: 81,884 SF Investment Summary
7

NEW MARK SHOPPING CENTER FOR SALE...Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has

Sep 05, 2020

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Page 1: NEW MARK SHOPPING CENTER FOR SALE...Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com

NEW MARK SHOPPING CENTER FOR SALE ■ 81,884 SF Shopping Center anchored by 52,000 SF high

volume Sun Fresh Grocery ■ Strong residential growth area north of the river on an excellent

intersection located two miles north of 152 Highway & 1/2 mile east of 169 Highway

■ Sun Fresh occupies 64% of the shopping and just extended their lease option early, lease is guaranteed by Associated Wholesale Grocers (AWG)

■ Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years

■ Sun Fresh has seen strong sales increases annually ■ Huge upside potential with rent increases

For More Information Contact: Exclusive AgentsDAVID BLOCK | 816.412.7400 | [email protected] FRIEDMAN | 816.412.7334 | [email protected]

CLICK HERE TO VIEW MORE LISTING INFORMATION

GROCERY ANCHORED SC | FIRST TIME LISTEDN. Oak Tfwy & 102nd St, Kansas City, MO | A Suburb of Kansas City

RETAIL PAD BUILDING

Sales Price: $11,828,193.51CAP Rate: 7.0%NOI (Current): $827,973.55GLA: 81,884 SF

Investment Summary

Page 2: NEW MARK SHOPPING CENTER FOR SALE...Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com

GROCERY ANCHORED SC FOR SALE102nd St. & N. Oak Trfy, Kansas City, MO | NEW LISTING!

AERIAL DRONE PHOTOS

N.

Oak

Tra

ffic

way

1

6 ,30

0 ca

rs p

er d

ay

N.

Oak

Tra

ffic

way

1

6 ,30

0 ca

rs p

er d

ay

NN

PAD EXCLUDEDSEPARATE

OWNERSHIP

PAD EXCLUDEDSEPARATE

OWNERSHIP

NEW MARKSHOPPING

CENTER

SITE

NEW MARKSHOPPING

CENTER

SITE

Page 3: NEW MARK SHOPPING CENTER FOR SALE...Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com

GROCERY ANCHORED SC FOR SALEGROCERY ANCHORED SC FOR SALE102nd St. & N. Oak Trfy, Kansas City, MO | NEW LISTING!102nd St. & N. Oak Trfy, Kansas City, MO | NEW LISTING!

SITE PLANSITE PLAN

KEY# TENANT ADDRESS SF

1&2 Hot Rocks Pizza Kitchen 10233-10241 N. Oak Trafficway 6,000 SF3 AVAILABLE 10231 N. Oak Trafficway 1,142 SF4 Sun Fresh 10225 N. Oak Trafficway 52,000 SF5 Whitehorse Pub 10221 N. Oak Trafficway 3,500 SF6 AVAILABLE 10219 N. Oak Trafficway 1,750 SF7 AVAILABLE 10217 N. Oak Trafficway 1,982 SF8 AVAILABLE 10215 N. Oak Trafficway 1,400 SF9 Island Tan 10211 N. Oak Trafficway 1,400 SF

10-11 Angel Nails 10209 -10207 N. Oak Trafficway 2,800 SF12 AVAILABLE 10205 N. Oak Trafficway 1,400 SF13 9 Rounds Boxing 10203 N. Oak Trafficway 1,400 SF14 Heartland Dental 10201 N. Oak Trafficway #100 - 300 2,564 SF15 Nowatzki Insurance Agency 10201 N. Oak Trafficway #400 - 500 1,571 SF16 China Town Express 10201 N. Oak Trafficway #600 975 SF17 AVAILABLE 10217 N. Oak Trafficway #700 1,000 SF18 Great Clips 10217 N. Oak Trafficway #800 1,000 SF

NN

DetentionBasin

1,400 SF

Angel Nails

Island Tan

1,400 SF

1,982 SF

1,750 SF

Whitehorse

1,142 SF

Hot Rocks

Pizza

Kitchen

Stat

eFa

rm

Gre

at C

lips

Hea

rtla

ndD

enta

l

Chin

a To

wn

Expr

ess

1,00

0 SF

1&2

5

6

7

8

9

11

12

10

3

1415

16 1718

9 Rounds 13

PAD PAD EXCLUDEDEXCLUDEDSEPARATESEPARATE

OWNERSHIPOWNERSHIP 4

Page 4: NEW MARK SHOPPING CENTER FOR SALE...Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com

GROCERY ANCHORED SC FOR SALE102nd St. & N. Oak Trfy, Kansas City, MO | NEW LISTING!

AERIAL

METRONORTH

NEW MARKSHOPPING

CENTERN. O

ak Trafficway 16,300 cars p

er day

24,600 cars per d

ay

48 ,000 cars per day

Map

lewo

od

s Parkw

ay

Medical/Off ice

NW 96th Street

NW Barry Road

Page 5: NEW MARK SHOPPING CENTER FOR SALE...Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com

GROCERY ANCHORED SC FOR SALE102nd St. & N. Oak Trfy, Kansas City, MO | NEW LISTING!

KCI Airport

Chiefs & RoyalsStadiums

Worlds of Fun

KansasSpeedway

Union StationLegoland & Aquarium

CORBIN PARK

OAK PARK MALL

RAYMORE GALLERIA

SUMMIT WOODSSUMMIT FAIR

INDEPENDENCE CENTER

THE FALLS/BASS PRO

CROWN CENTER

POWER & LIGHT DISTRICT

THE LEGENDS

PLAZA AT THE SPEEDWAY

ZONA ROSA SHOPPES AT SHOAL CREEK

PLAZA AT SHOAL CREEK

Downtown KCMOSchlitterbahn

Downtown Airport

Lee’s Summit Airport

New Century Airport

Johnson CountyAirport

Kansas River

Kansas City, KS

Missouri River

PRAIRIE FIRE

STATE

LINE

RD

STATE

LINE

RD

COUNTRY CLUB PLAZA

WARD PARKWAY CENTER

TOWN CENTER PLAZA

Grandview

Lee’s Summit

Olathe

Gardner

Overland Park

Lenexa

Merriam

Leawood

Belton

RaymorePleasant Hill

Lake Lotawana

Blue Springs

Independence

Sugar Creek

Raytown

Roeland ParkMission Fairway

Mission Hills

Bonner Springs Edwardsville

Shawnee

North Kansas City, MO

Gladstone

Riverside

Parkville

Platte City

Lansing

Leavenworth

Liberty

Pleasant Valley

Exselsior Springs

Claycomo

MERRIAM TOWN CENTER

IKEAADAMS DAIRY LANDING

TRUMAN MARKETPLACE

STATE LINE STATION

BLUE RIDGE CROSSING

BROOKSIDE SHOPSSHAWNEE STATION

BELTON TOWN CENTER

OLATHE STATION

LENEXA CITY CENTER

S I T E

Kansas City

Page 6: NEW MARK SHOPPING CENTER FOR SALE...Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com

GROCERY ANCHORED SC FOR SALE102nd St. & N. Oak Trfy, Kansas City, MO | NEW LISTING!

Page 7: NEW MARK SHOPPING CENTER FOR SALE...Cosentino is Sun Fresh owner/operator. The Cosentino Family has operated 30 grocery stores the Kansas City Metro Area for many years Sun Fresh has

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com

GROCERY ANCHORED SC FOR SALE102nd St. & N. Oak Trfy, Kansas City, MO | NEW LISTING!

SUMMARY PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 39.2786/-94.5756

102nd & N. Oak Trafficway1 mi radius 3 mi radius 5 mi radius

Kansas City, MO 64155

POPU

LATI

ON

2019 Estimated Population 0 T 9,509 39,386 92,551

2024 Projected Population 0 T 10,271 42,611 101,033

2010 Census Population 0 T 9,066 34,372 81,643

2000 Census Population 0 T 8,031 23,797 61,536

Projected Annual Growth 2019 to 2024 - 1.6% 1.6% 1.8%

Historical Annual Growth 2000 to 2019 - 1.0% 3.4% 2.7%

2019 Median Age 36.3 35.6 36.9

HO

USE

HO

LDS

2019 Estimated Households 0 T 3,620 15,525 37,997

2024 Projected Households 0 T 3,778 16,220 39,878

2010 Census Households 0 T 3,412 13,358 33,245

2000 Census Households 0 T 2,890 8,925 24,960

Projected Annual Growth 2019 to 2024 - 0.9% 0.9% 1.0%

Historical Annual Growth 2000 to 2019 - 1.3% 3.9% 2.7%

RA

CE

AN

D

ETH

NIC

ITY

2019 Estimated White - 86.6% 84.5% 82.0%

2019 Estimated Black or African American - 5.8% 7.6% 8.8%

2019 Estimated Asian or Pacific Islander - 2.4% 2.5% 3.1%

2019 Estimated American Indian or Native Alaskan - 0.5% 0.4% 0.5%

2019 Estimated Other Races - 4.8% 4.9% 5.6%

2019 Estimated Hispanic - 6.7% 7.1% 7.6%

INC

OM

E 2019 Estimated Average Household Income $0 T $91,862 $88,791 $84,296

2019 Estimated Median Household Income $0 T $81,960 $85,835 $79,178

2019 Estimated Per Capita Income $0 T $34,983 $35,043 $34,633

EDU

CA

TIO

N(A

GE

25+)

2019 Estimated Elementary (Grade Level 0 to 8) - 1.4% 1.2% 1.5%

2019 Estimated Some High School (Grade Level 9 to 11) - 4.8% 4.2% 4.3%

2019 Estimated High School Graduate - 25.0% 23.6% 24.0%

2019 Estimated Some College - 24.7% 22.5% 22.5%

2019 Estimated Associates Degree Only - 7.9% 9.5% 9.5%

2019 Estimated Bachelors Degree Only - 27.6% 26.7% 24.9%

2019 Estimated Graduate Degree - 8.7% 12.3% 13.4%

BU

SIN

ESS 2019 Estimated Total Businesses 0 T 173 737 2,088

2019 Estimated Total Employees 0 T 1,508 7,374 22,112

2019 Estimated Employee Population per Business - 8.7 10.0 10.6

2019 Estimated Residential Population per Business - 55.1 53.5 44.3

©2019, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 1 Demographic Source: Applied Geographic Solutions 4/2019, TIGER Geography