Listed by Colliers - Kansas City, Missouri
$9,520,000
Homefield Baseball Complex
Details
Property Type Special Purpose
Sub Type Sports/Entertainment
Square Footage 2,178,000
Units 1
Cap Rate 6.00%
Tenancy Single
Brand/Tenant Prep Baseball Report
Lease Expiration 01/31/2044
Rent Bumps Yes
Year Built 2024
Acreage 50.000
Parking Spaces 537 spaces
Parking per 1,000 SqFt 0.25
Investment Type Net Lease
Ground Lease No
Just listed | Homefield Baseball Complex | Annual Rent Increases | Absolute NET | Kansas City, MSA
Marketing description
State-of-the-art baseball complex featuring 8 turf fields with occupancy for 800 patrons. The facility includes concessions and gates, with 537 parking spaces and 1,000 overflow spaces. Located in the Legends - Homefield Submarket of Kansas City, Kansas, the property is operated by Prep Baseball Report, a division of Capacity Sports Group.
Investment highlights
- Offering Price: $9,520,000 | Cap Rate: 6.00%
- Location: Legends - Homefield Submarket
- Operator: Prep Baseball Report (prepbaseballreport.com/kansas)
- Parent Company: Capacity Sports Group (capacitysportsgroup.com)
- Lease Term: Twenty years - Lease exp. - 1/31/44
- Rent: Annual rent increases and percentage rent
- Size: 50± acres
- State-of-the-art baseball complex - 8 turf fields
- Occupancy for 800 patrons
- Concessions & gates
- 537 parking spaces with 1,000 overflow spaces
Listing Contacts
Listed by Colliers - Kansas City, Missouri
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Zoning
R-1 ResidentialSingle FamilySingle Family District
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