Rgb Laboratories | 1531 Charlotte St
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Rgb Laboratories 1531 Charlotte St
6,012 SF Industrial Building Kansas City, MO 64108 For Sale 5.85% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Central Downtown location
- Single Tenant NET NET NET Lease
EXECUTIVE SUMMARY
Downtown Kansas City is thriving, with over $9 billion in revitalization projects, including $2 billion in recent developments like 5,000+ new residential units, luxury apartments such as Two Light and CORE on the Berkley Riverfront, and the $351 million KC Streetcar extension. This surge of investment has transformed the area into a premier live work-play destination.
New 10-Year NNN lease, corporate guarantee from Gron Holdings, Inc. one of the nation's top producers of edibles
Kansas City serves as a regional hub for industrial cannabis operations
Booming cannabis Industry with high demand and growth potential.
Modern facility recently updated with a new roof and HVAC system
Exceptional investment opportunity, prime location in the heart of Downtown Kansas CityÕs Crossroads Arts District and high operational barriers to relocation ensures long-term stability
New 10-Year NNN lease, corporate guarantee from Gron Holdings, Inc. one of the nation's top producers of edibles
Kansas City serves as a regional hub for industrial cannabis operations
Booming cannabis Industry with high demand and growth potential.
Modern facility recently updated with a new roof and HVAC system
Exceptional investment opportunity, prime location in the heart of Downtown Kansas CityÕs Crossroads Arts District and high operational barriers to relocation ensures long-term stability
DATA ROOM Click Here to Access
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 6,012 SF |
| Net Initial Yield | 5.85% | Number of Floors | 1 |
| Sale Conditions | 1031 Exchange | Year Built/Renovated | 1955/2024 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 3.33/1,000 SF |
| Building Class | B | Clear Ceiling Height | 16 ft |
| Lot Size | 0.35 AC | Level Access Doors | 1 |
| Sale Type | Investment |
| Net Initial Yield | 5.85% |
| Sale Conditions | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 0.35 AC |
| Rentable Building Area | 6,012 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1955/2024 |
| Tenancy | Single |
| Parking Ratio | 3.33/1,000 SF |
| Clear Ceiling Height | 16 ft |
| Level Access Doors | 1 |
AMENITIES
- Signage
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Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 29-240-24-04-00-0-00-000 | Improvements Assessment | £12,732 |
| Land Assessment | £91,201 | Total Assessment | £103,932 |
PROPERTY TAXES
Parcel Number
29-240-24-04-00-0-00-000
Land Assessment
£91,201
Improvements Assessment
£12,732
Total Assessment
£103,932
ZONING
| Zoning Code | M1 |
| M1 |
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Rgb Laboratories | 1531 Charlotte St
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