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6401-6417 North Prospect Avenue
SOLD

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
clock iconSold 247 days ago
Daniel Shabtai
Austin Marshak
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Summary

Sale
MISSOURI
Retail
11,558 sqft

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.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Daniel Shabtai's profile picture
Daniel Shabtai
Rosewood Realty Group-image
Associate - National Investment Sales
$26.5M Sold
Austin Marshak's profile picture

Details

Deal Summary
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SOLD
IMAGE: Daniel Shabtai & Austin Marshak DATE: 09/01/2023 ADDRESS: 6401-6417 North Prospect Avenue MARKET: Kansas City ASSET TYPE: Retail BUYER: First Tek Inc SELLER: ML Real Estate Holdings - Meyer Lebovits BROKERS: Daniel Shabtai & Austin Marshak - Rosewood Realty Group (@RosewoodRG) SALE PRICE: $1,590,000 UNITS: 8 ~ PPU: $198,750 SF: 11,558 ~ PPSF: $138 CAP RATE: 7.5%

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Address6401-6417 North Prospect Avenue

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