For Sale - North Oak Marketplace is located at one of the most dominant retail locations in North Kansas City, with top quality national tenants including: Lowe’s Home Improvement, Sam’s Club, Home Depot, Office Depot, Big Lots, as well as five new car dealerships: Chevrolet, Lincoln, Alpha Romeo, Subaru and
Mitsubishi.
STABLE OPPORTUNITY: Current occupancy 96%
PERMANENT DEBT: Non-recourse assumable debt in place with 60% leverage, Feb 2029 maturity at a 4.95% fixed interest rate, interest only until Feb 2022
EXCELLENT CONDITION: Professionally managed + maintained
SUPER STRONG DEMOS: 75,000 people and an average HH Income of $91,500 within three miles
PRIMARY HIGHWAY ACCESS: I-29, Hwy 169, Hwy 69 and North Oak Trafficway with over 100,000 cars per day
DOMINANT GROCER: Price Chopper (Associated Wholesale Grocers); tenant for 15 years
