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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

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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:

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

Starbucks
Cosentino's Price Chopper
Waffle House
Pizza Shoppe
The YMCA
PJ's Coffee of New Orleans

PROPERTY TAXES

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
  • Listing ID: 38294066

  • Date on Market: 01/11/2025

  • Last Updated:

  • Address: 1303 Platte Falls Rd, Platte City, MO 64079

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