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1303 Platte Falls Rd 7,000 sq ft 100% Let Retail Property Platte City, MO 64079 £1,012,942 (£144.71/sq ft) 5.49% Net Initial Yield


INVESTMENT HIGHLIGHTS
- Heavy daytime traffic
EXECUTIVE SUMMARY
Please call owner (see below contact info) for any questions regarding the property.
An exceptional opportunity awaits in this standalone commercial building, perfectly situated on a highly visible, high-traffic avenue. The property borders US 92 on the north side of the property. Store fronts face Price Chopper on the south facing side of the property.
Located at the gateway to a vibrant and growing neighborhood, this property is surrounded by established businesses, generating excellent cross-promotional potential. The area's strong demographics and steady growth make it an ideal investment.
This fully occupied building has 5 tenants all with 5 year leases. Total Square Footage: 7,000 SF (5 tenant spaces with 1400 sq ft of space each)
Why Platte City?
• Platte City boasts consistent year over year population growth.
• Phase 2 of a comprehensive rebuilding project for Platte County High School is underway, which will add specialized classrooms, administrative areas, and a new performing arts wing.
• Located on Highway 92 and Interstate 29, a logistics and distribution park features multiple Class A industrial buildings, with a total of 2.36 million square feet planned for leasing.
• New housing builds at Running Horse Road and Rt D, and on Rt N across from Seven Bridges.
Contact Information
For more information or to schedule a showing, please contact:
An exceptional opportunity awaits in this standalone commercial building, perfectly situated on a highly visible, high-traffic avenue. The property borders US 92 on the north side of the property. Store fronts face Price Chopper on the south facing side of the property.
Located at the gateway to a vibrant and growing neighborhood, this property is surrounded by established businesses, generating excellent cross-promotional potential. The area's strong demographics and steady growth make it an ideal investment.
This fully occupied building has 5 tenants all with 5 year leases. Total Square Footage: 7,000 SF (5 tenant spaces with 1400 sq ft of space each)
Why Platte City?
• Platte City boasts consistent year over year population growth.
• Phase 2 of a comprehensive rebuilding project for Platte County High School is underway, which will add specialized classrooms, administrative areas, and a new performing arts wing.
• Located on Highway 92 and Interstate 29, a logistics and distribution park features multiple Class A industrial buildings, with a total of 2.36 million square feet planned for leasing.
• New housing builds at Running Horse Road and Rt D, and on Rt N across from Seven Bridges.
Contact Information
For more information or to schedule a showing, please contact:
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront
Property Size
7,000 sq ft
Costar Property Class
B
Year Built
2003
Price
£1,012,942
Price per sq ft
£144.71
Yield
5.49%
NOI
£55,656
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.21
Total Plot Size
0.78 ac
Frontage
142 ft on Platte Falls Rd
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- 858-HAIR
- Service type
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Biggs Nutrition
- Service type
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- China Wok
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Nail Care LLC
- Service type
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Paul Wrabec LLC
- Service type
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| 858-HAIR | Service type | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Biggs Nutrition | Service type | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| China Wok | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Nail Care LLC | Service type | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Paul Wrabec LLC | Service type | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-30-06-200-002-003-000 | Total Assessment | £149,175 (2025) |
| Land Assessment | £57,090 (2025) | Annual Taxes | -£1 (£0.00/sq ft) |
| Improvements Assessment | £92,085 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
17-30-06-200-002-003-000
Land Assessment
£57,090 (2025)
Improvements Assessment
£92,085 (2025)
Total Assessment
£149,175 (2025)
Annual Taxes
-£1 (£0.00/sq ft)
Tax Year
2024
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Presented by
Liberte Investments LLC
1303 Platte Falls Rd
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