6403-6479 N. Prospect Avenue, Gladstone, MO 64119

Prospect Plaza is a neighborhood retail center located in Gladstone, Missouri, a well-established suburban market in the Northland of the Kansas City metropolitan area. Gladstone serves as a residential and commercial point within Clay County and is part of the broader Kansas City MSA, which totals approximately 2.2 million residents, giving the site access to a large regional consumer base. The property is strategically positioned on a primary local arterial road (N. Prospect Ave) with easy connections to nearby major highways and trade corridors, including Missouri Route 1 (N. Prospect Avenue's continuation), North Oak Trafficway (just east of the site) and direct access to U.S. Route 169 and Missouri Route 152 (both nearby major regional connectors in the Kansas City Northland).

The site captures a dense and affluent north-Kansas City trade area: within 1 mile there are approximately 12,661 residents (average household income $96,000), within 3 miles roughly 78,011 residents (avg. HH income $95,000), and within 5 miles roughly 165,762 residents (avg. HH income = $102,703). These demographics reflect a stable mix of families and established households that support neighborhood retail demand. The broader Northland/Kansas City metro supplies additional population and employment density that further strengthens the site's draw. Additionally, the property offers strong regional access. Kansas City International Airport (MCI) is approximately 15 miles northwest of Gladstone, providing convenient passenger and air-cargo service for the region. Multiple local roads and nearby interstates provide easy access to Downtown Kansas City and to the broader metro area.

Prospect Plaza is located within the North Kansas City School District, an award-winning district serving over 25,200 students and faculty and recognized statewide for academic innovation and community investment. One of the district's high schools, Oak Park High School (located 3 miles north with approx. 1,600 students and faculty combined), was named a 2018 National Model High School and participates in the Missouri A+ Schools Program, providing post-secondary scholarship eligibility to qualifying graduates. At the elementary level, Linden West Elementary (located 3 miles northwest with approx. 550 students and faculty combined) is ranked among the top 25 most diverse elementary schools in the state, underscoring the inclusive and engaged family-oriented community surrounding the property.

The area also benefits from nearby higher education and medical institutions that drive steady daytime traffic and service demand. Metropolitan Community College, Maple Woods Campus (located just 4 miles northeast) serves thousands of students in general education and workforce training programs, while the University of Missouri-Kansas City (UMKC) (approx. 15,300 students) and Rockhurst University (approx. 3,500 students) are both within 20-25 minutes (approx. 13 miles South), reinforcing the broader metro's educational base. On the healthcare side, North Kansas City Hospital, a 451-bed regional medical center employing over 4,700 people, serves as the area's largest health system. Saint Luke's North Hospital, Barry Road Campus and Liberty Hospital also support the Northland's growing healthcare corridor.

Major employers in the greater Gladstone submarket include regional grocers and national retailers such as Hy-Vee (over 91,000 employees across 285 locations) and Walmart (over 2.1 million employees worldwide), as well as significant public-sector and school district employment. The area is also sup-ported by major regional institutions including North Kansas City Hospital, which employs over 4,700 people, and Cerner Corporation with 6,400 employees, both of which draw substantial daily traffic. These employment anchors, along with school and healthcare traffic, help sustain a stable retail environment, while nearby auto, home-improvement stores, and restaurants reinforce Prospect Plaza's role as a neighborhood, convenience-oriented destination.

Gladstone and the Prospect Plaza trade area present a compelling investment profile for neighborhood retail: a stable residential base, solid household incomes, proximity to recognized school districts, healthcare institutions, and colleges, as well as easy access to major regional roadways and Kansas City's labor and population pool, and a proven retail corridor that supports frequent customer visits. These fundamentals make Prospect Plaza an attractive option for an investor seeking steady neighborhood retail cash flow and long-term tenancy demand.