Ruskin Heights Shopping Center Sale.Pdf

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Ruskin Heights Shopping Center Sale.Pdf RUSKIN HEIGHTS SHOPPING CENTER 95,091 SF Shopping Center | FOR SALE Red Bridge Rd. & Blue Ridge Blvd. (SWC), Kansas City, MO SALE PRICE: $3,000,000 | CAP RATE: 9.5% ■ Shopping center is consistently 90 -100% leased ■ Established South Kansas City, MO neighborhood center consisting of four concrete/masonry buildings, a freestanding car wash on pad site, and a large parking lot DEMOGRAPHICS ■ Across from the newly combined Ruskin High School and 1 mile 3 miles 5 miles Stadium, located near I-49/71 Highway Estimated Population 11,621 53,599 117,131 ■ Excellent visibility and access to Blue Ridge Boulevard which is a major commuter artery Avg. Household Income $56,232 $61,721 $74,793 ■ This property is prime for a Community Improvement District (CID) ■ Key tenants include: The United States Post Office, Dollar General, Beauty Depot, and The Optimist Club ■ Pad sites available in front for future development ■ Sold all cash, no seller financing For More Information Contact: Exclusive Agents CLICK HERE TO VIEW MORE BILL MAAS, CCIM | 816.412.7392 | [email protected] LISTING INFORMATION DAVID BLOCK | 816.412.7400 | [email protected] Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com 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. RUSKIN HEIGHTS SHOPPING CENTER 95,091 SF Shopping Center | FOR SALE Red Bridge Rd. & Blue Ridge Blvd. (SWC), Kansas City, MO EXECUTIVE SUMMARY Block & Company, Inc., Realtors has been retained as the exclusive agent for to sell Ruskin Heights Shopping Center, which is located on the southwest corner of Red Bridge Road & Blue Ridge Boulevard in Kansas City, Missouri. This suburban Shopping Center is a straight line center anchored by the United States Post office, Dollar General, and many others. Ruskin Heights Shopping Center Property Red Bridge Road & Blue Ridge Boulevard (SWC) Kansas City, Missouri The Ruskin Heights Shopping Center is located at the southwest corner of Location Red Bridge Road & Blue Ridge Boulevard near 71 Highway, which is a major commercial artery which runs north and south in South Kansas City, Missouri. Sale Price $3,000,000 2018 Projected NOI: $286,474 CAP Rate on $3 Million: 9.5% Summary Price per Square Foot: $32.36 Terms: All Cash at Closing Existing Financing: None Building Rentable Area: 95,091 SF Long established neighborhood center consisting of four concrete/masonry buildings, a freestanding car wash, and ample parking. The center faces Description Blue Ridge Boulevard which has a good stable traffic count and Ruskin High School across the street continues to strengthen the area and the shopping center. The United States Post Office Key Long Term Tenants Dollar General Beauty Depot Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com 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. RUSKIN HEIGHTS SHOPPING CENTER INVESTMENT 95,091 SF Shopping Center | FOR SALE PROPERTY Red Bridge Rd. & Blue Ridge Blvd. (SWC), Kansas City, MO FOR SALE AERIAL N Ruskin High School 20,000 cars per day 18,000 cars 1,300+per day Students Red Bridge Road 6,000 cars per day Burke Elementary School Blue Ridge Blvd. 95,000 cars per day SITE 6,000 cars per day 14,000 cars per day Health Centers of America Grandview Road Longview Road 12,000 cars per day Longview Tract Park PAINTBALL Ingels Elementary School Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com 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. RUSKIN HEIGHTS SHOPPING CENTER INVESTMENT 95,091 SF Shopping Center | FOR SALE PROPERTY Red Bridge Rd. & Blue Ridge Blvd. (SWC), Kansas City, MO FOR SALE SITE PLAN Red Bridge Road 6,000 cars per day 2 6 14 3 4 5 7 8 9 10 11 12 13 15 1617 18 19 20 21 1 N 22 Blue Ridge Boulevard 18,000 cars per day # Name SF Address 1 AVAILABLE 5,400 SF 11304 Blue Ridge Boulevard 2 AVAILABLE 13,056 SF 11300 Blue Ridge Boulevard 3 Southside KC Optimist Club 23,000 SF 11154 Blue Ridge Boulevard 4 Cash America Pawn 8,210 SF 11148 Blue Ridge Boulevard 5 Light of Life Church 3,439 SF 11144 Blue Ridge Boulevard 6 Beauty Depot 6,161 SF 11138 Blue Ridge Boulevard 7 Afro-Caribbean Market 1,088 SF 11134 Blue Ridge Boulevard 8 ASAP Taxes 1,156 SF 11132 Blue Ridge Boulevard 9 Cell Depot 1,088 SF 11130 Blue Ridge Boulevard 10 Nice & Neat Barber 1,000 SF 11128 Blue Ridge Boulevard 11 Dream Luxe Luxury Beauty Bar 1,292 SF 11126 Blue Ridge Boulevard 12 Mix it Private Bar Tending 1,156 SF 11124 Blue Ridge Boulevard 13 Dollar General 6,915 SF 11118 Blue Ridge Boulevard 14 Loving Child Care Center 4,500 SF 11116 Blue Ridge Boulevard 15 Supreme Advantage Cleaners 1,605 SF 11114 Blue Ridge Boulevard 16 LTX Tax & Business Services 625 SF 11112 Blue Ridge Boulevard 17 AVAILABLE 403 SF 11110 Blue Ridge Boulevard 18 Peniel Gateway Apostolic Faith Center 1,503 SF 11108 Blue Ridge Boulevard 19 KB Braiding Studio 625 SF 11106 Blue Ridge Boulevard 20 South KC Tattoo & Piercing 1,000 SF 11104 Blue Ridge Boulevard 21 United States Post Office 10,369 SF 6921 E. 111th Street 22 AVAILABLE 1,500 SF 11102 Blue Ridge Boulevard Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com 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. RUSKIN HEIGHTS SHOPPING CENTER INVESTMENT 95,091 SF Shopping Center | FOR SALE PROPERTY Red Bridge Rd. & Blue Ridge Blvd. (SWC), Kansas City, MO FOR SALE Platte City Exselsior Springs Leavenworth KCI Airport METRO NORTH ZONA ROSA SHOPPES AT SHOAL CREEK Lansing PLAZA AT SHOAL CREEK Liberty Pleasant Valley Gladstone Parkville Claycomo Worlds of Missouri River Riverside Fun North Kansas City, MO PLAZA AT THE SPEEDWAY Sugar Creek Kansas City, KS Downtown THE LEGENDS Airport Kansas Schlitterbahn Speedway POWER & LIGHT DISTRICT Union Station Legoland CROWN CENTER Bonner Springs Independence Edwardsville & Aquarium Downtown Kansas City, MO Kansas River INDEPENDENCE CENTER COUNTRY CLUB PLAZA BLUE RIDGE CROSSING Chiefs & Royals MERRIAM TOWN CENTER Roeland Park Stadiums THE FALLS/BASS PRO ADAMS DAIRY LANDING Mission Fairway Blue Springs Merriam IKEA Mission Hills BROOKSIDE SHOPS SHAWNEE STATION Shawnee Raytown LENEXA CITY CENTER WARD PARKWAY LINE RD STATE CENTER OAK PARK MALL METCALF SOUTH Lee’s Summit Lenexa Airport Overland Park SITE SUMMIT WOODS Lee’s Summit SUMMIT FAIR Lake Lotawana TOWN CENTER PLAZA Leawood TRUMAN MARKETPLACE OLATHE STATION Olathe CORBIN PARK Grandview PRAIRIE FIRE STATE LINE STATION Johnson County Airport New Century Airport RD LINE STATE Belton RAYMORE GALLERIA Gardner BELTON TOWN CENTER Pleasant Hill Raymore Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com 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. Summary Profile 2000-2010 Census, 2021 EstimatesRUSKIN with 2026 Projections HEIGHTS SHOPPING CENTER Calculated using Weighted Block95,091 Centroid from SF Block Shopping Groups Center | FOR SALE Red Bridge Rd. & Blue Ridge Blvd. (SWC), Kansas City, MO Lat/Lon: 38.9225/-94.5093 Red Bridge Road & Blue Ridge Boulevard 1 mi 3 mi 5 mi Kansas City, Missouri radius radius radius Population 2021 Estimated Population 0 T 11,621 53,599 117,131 2026 Projected Population 0 T 11,485 52,938 117,372 2010 Census Population 0 T 11,416 53,353 114,859 2000 Census Population 0 T 12,211 56,085 114,406 Projected Annual Growth 2021 to 2026 - -0.2% -0.2% - Historical Annual Growth 2000 to 2021 - -0.2% -0.2% 0.1% 2021 Median Age 32.7 34.5 36.9 Households 2021 Estimated Households 0 T 4,331 21,275 47,876 2026 Projected Households 0 T 4,334 21,135 48,189 2010 Census Households 0 T 4,198 20,858 46,199 2000 Census Households 0 T 4,534 22,020 46,586 Projected Annual Growth 2021 to 2026 - - -0.1% 0.1% Historical Annual Growth 2000 to 2021 - -0.2% -0.2% 0.1% Race and Ethnicity 2021 Estimated White - 27.5% 37.9% 49.9% 2021 Estimated Black or African American - 62.6% 51.3% 40.2% 2021 Estimated Asian or Pacific Islander - 0.8% 2.1% 2.2% 2021 Estimated American Indian or Native Alaskan - 0.4% 0.3% 0.4% 2021 Estimated Other Races - 8.7% 8.4% 7.3% 2021 Estimated Hispanic - 8.3% 7.9% 7.3% Income 2021 Estimated Average Household
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