Properties for Sale
Investment Opportunity!
400 Admiral Blvd
$2,150,000
Cooper Murdock Commercial Real Estate is pleased to present 400 Admiral Blvd, an 18,000 SF (10,000 of leasable SF) commercial property offering stable cash flow, long-term lease commitments, and minimal landlord responsibilities.
The property is currently leased to three established tenants, with two operating under Triple Net (NNN) leases, significantly reducing ownership expenses. Situated in a prime Kansas City commercial district, the asset benefits from strong market demand, excellent accessibility, and long-term appreciation potential.
Ideal for 1031 exchange buyers, private investors, and long-term holders, this low-maintenance asset presents an exceptional opportunity to acquire a well-positioned commercial investment with strong in-place tenancy and value-add potential.
The combination of a desirable location, established tenants, and lease structures that minimize operational responsibilities makes this a compelling addition to any investment portfolio.
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Property Highlights
Prime Location
Located in the heart of Kansas City, MO, offering excellent visibility, accessibility, and proximity to major business and commercial districts.
Stable & Diverse Tenent Mix
Leased to three established tenants, including Fleming Construction, Crane Martin, and Blush & Blossoms, ensuring consistent rental income.
Triple Net (NNN) Lease Structure
Two tenants (Fleming Construction & Crane Martin) operate under NNN leases, reducing the owner’s responsibility for taxes, insurance, and maintenance.
Long-Term Lease Stability
Leases in place provide predictable cash flow with built-in rent escalations for future income growth.
Minimal Landlord Responsibilities
With NNN lease structures and a single gross lease, ownership is low-maintenance, making it an attractive passive investment.
Growing Kansas City Market
Kansas City is experiencing strong economic growth and increasing demand for commercial real estate, positioning this asset well for future appreciation.
Value-Add Opportunity
Potential to convert Blush & Blossoms to an NNN lease upon renewal, further reducing ownership costs and increasing Net Operating Income (NOI).
Excellent Accessibility & Parking
The property is well-positioned with easy access to major roads, highways, and public transit, making it convenient for tenants and customers.
Competitive Pricing
Listed at $2,150,000 with a 6.21% cap rate, aligning with market expectations while offering strong upside potential.
Location Highlights
Prime Downtown Location
Situated in the heart of Kansas City, MO, this property is positioned near major business hubs, government offices, and thriving commercial districts, making it an ideal investment for long-term appreciation.
Strong Economic Growth
Kansas City is experiencing steady job growth, infrastructure expansion, and increased commercial real estate demand, enhancing property value and leasing potential.
Excellent Accessibility
Located near major highways (I-70, I-35, and US-71), the property provides easy access for tenants, employees, and customers traveling throughout the metro area.
Proximity to Key Amenities
The building is near hotels, dining, retail, and entertainment venues, attracting businesses looking for convenience and high foot traffic.
Expanding Business & Residential Developments
The surrounding area is undergoing redevelopment and revitalization, increasing demand for commercial space and driving rental rate growth.
Transportation & Walkability
The property is near public transportation options, including bus routes and the Kansas City Streetcar, making it easily accessible for businesses and visitors.