First Tek Inc Acquires Retail Property In Kansas City From ML Real Estate Holdings For $1.59M
6401-6417 North Prospect Avenue
Retail
11,558 SF
11,558 SF
Sold 247 days ago
Summary
The retail property located at 6401-6417 North Prospect Avenue in Kansas City has been sold for a total price of $1,590,000. This property consists of 8 units with an average price per unit of $198,750. The total square footage of the property is 11,558, resulting in a price per square foot of $138. The transaction has a capitalization (cap) rate of 7.5%.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,590,000
- Units: 8
- Price per Unit: $198,750
- Total Square Footage: 11,558
- Price per Square Foot: $138
- Cap Rate: 7.5%
The buyer of the property is First Tek Inc, while the seller is ML Real Estate Holdings - Meyer Lebovits. The deal was facilitated by brokers Daniel Shabtai and Austin Marshak from Rosewood Realty Group.
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6401-6417 North Prospect Avenue
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