Income Producing Asset with 3,183 SF Available | Owner User
Income - Producing Asset w/ 3,183 SF Available | Owner-User or Value Add
Marketing description
TWG at Bracket Real Estate is pleased to present 7208 Wornall Road, a multi-tenant retail and office asset located in the highly sought-after Ward Parkway corridor of Kansas City, Missouri. The property is anchored by a long-standing Domino’s Pizza location, which has successfully operated at the site since 2014, demonstrating consistent performance and long-term tenant commitment.
The ±11,680 square foot, two-story building is occupied by a complementary mix of retail and office tenants and currently generates approximately $150,000 in in-place rental income. A recent vacancy of approximately 3,183 square feet, previously occupied on a month-to-month basis, creates a compelling opportunity for investors to drive near-term NOI growth through lease-up at market rents.
In addition to its value-add potential, the vacancy provides a rare opportunity for an owner-user to immediately occupy space while benefiting from in-place income, effectively offsetting occupancy costs. This flexibility broadens the buyer pool and positions the asset as both an income-producing investment and a strategic acquisition for a local or regional business.
Recent capital improvements include a new roof (2017), upgraded HVAC systems and fully renovated upstairs office space (2019), and added roof insulation (2020), minimizing near-term capital expenditure requirements. Additional enhancements, including a new security system, multi-tenant call box, and city-led streetscape improvements along Wornall Road, further improve tenant functionality and curb appeal.
Situated on a 0.29-acre parcel with 17 on-site parking spaces, the property offers strong visibility and accessibility along a well-trafficked corridor with over 18,000 vehicles per day. The surrounding area is characterized by dense residential neighborhoods and a vibrant mix of retail, restaurant, and service-oriented businesses, supporting long-term tenant demand.
This offering presents a unique opportunity to acquire a well-located asset with stable in-place income, anchored by a nationally recognized tenant, while providing immediate upside through lease-up or owner-user occupancy in one of Kansas City’s tightest retail submarkets.
Investment highlights
- Investor or Owner-User Opportunity -- Ability to acquire a cash-flowing asset with immediate upside through lease-up or occupy ±3,183 SF and offset occupancy costs with in-place income.
- Currently generating approximately $150,000 in annual base rent with a clear path to $210,000+ upon lease-up of vacant space at market rents.
- Long standing Domino's Pizza -- Over a decade of continuous operation underscores strong site performance, consistent customer demand, and long-term tenant commitment, providing a reliable anchor to the asset and reinforcing the strength of the surrounding trade area.
- Versatile two-story asset featuring storefront retail and office space complemented by ±2,000 SF of warehouse, supporting a diverse tenant mix and enhancing long-term leasing flexibility.
- Strong traffic counts of over 18,000 VPD, located within a well-established corridor supported by dense residential neighborhoods and a strong mix of retail, restaurant, and service users.
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