Panterra Capital Partners
Listed by Panterra Capital Partners
$2,100,000
7549 Spruce Ave
Details
Property Type Industrial
Sub Type Flex, R&D
Square Footage 24,625
Units 2
NOI $130,336
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 8.76%
Pro-Forma NOI $184,026
Price per SqFt $85
Year Built 1970
Buildings 1
Acreage 1.400
Zoning M-2B
Investment Type Value Add
Ground Lease No
Ceiling Height 16
Loading Docks 3
Dock High Doors 1
Industrial | 24,625 SqFt
Marketing description
Panterra Capital Partners is pleased to present 7549 Spruce Ave, a 24,625 SF multi-tenant industrial asset in Kansas City, MO.
The property is 100% leased to two tenants with a 1.1-year WALT, offering stable in-place income and near-term upside as leases roll in 2027.
Features include 16’ clear height, 3 dock doors, 1 drive-in, and a functional small-bay layout on 1.40 acres.
Located just off US-71 and I-435, the asset provides strong infill access and distribution connectivity.
Offered at $2.1M ($85 PSF) with ~$130K NOI, the deal presents a clear mark-to-market opportunity or potential owner-user play.
Investment highlights
- 100% Leased Two-Tenant Asset with stable in-place cash flow
- Short-Term WALT (1.1 Years) creating near-term value-add opportunity
- Below-Market Rents with clear mark-to-market upside at rollover
- Functional Industrial Specs: 16’ clear, 3 dock-high doors, 1 drive-in
- 24,625 SF on 1.40 Acres with efficient small-bay configuration
- Strong Infill Location with immediate access to US-71 & I-435
- M-2B Zoning allowing a wide range of industrial uses
- Rare Covered Parking + Ample Surface Parking
- Enterprise Zone & Hub Zone Location (potential tenant incentives)
- Attractive Basis: $85 PSF with ~$130K in-place NOI
Listing Contacts
Panterra Capital Partners
Listed by Panterra Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,336.00
$10,861.33/mo
Valuation Metrics
0
DSCR
6.21%
Cap Rate
6.21%
ROI
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