Office Space
9140 Ward Parkway Kansas City, MO 64114
Details & Description
Price: $3,575,000
    Demonstrated demand: 2020-2021 Leasing increased NOI BY 17.2%! Low risk of near-term capital needs: Owners invested over $500,000 in capital expenditures in the past 18 months. Affluent and well educated, over 59% of residents within a 10 minute drive have a median income more than 30% above KCMO and a bachelor's degree or higher.HighlightsPositioned for a long term holdLargest tenant in place since 1995Double digit cash on cash returnPrestigious Ward Parkway CorridorMost central office submarketTime efficient commuteWalkable to restaurants and shops
    Listing Agents
    Holly Mills

    O: 816-774-4250
    holly.mills@clemonsrealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    9140 Ward Parkway

    Kansas City, MO 64114

    Listing ID: 217625
    • 9140 Ward Parkway Kansas City, MO 64114 | for Sale | Photo 1
    • 9140 Ward Parkway Kansas City, MO 64114 | for Sale | Photo 2
    9140 Ward Parkway | for Sale | Thumbnail 1
    9140 Ward Parkway | for Sale | Thumbnail 2
    Building Size: 42,092 SF
    Lot Size: 2.440 AC
    Land Size: 106,286 SF
    Building $/SF: $84.93
    Land $/SF: $33.64
    Price
    $3,575,000
    Description

    Demonstrated demand: 2020-2021 Leasing increased NOI BY 17.2%! Low risk of near-term capital needs: Owners invested over $500,000 in capital expenditures in the past 18 months. Affluent and well educated, over 59% of residents within a 10 minute drive have a median income more than 30% above KCMO and a bachelor's degree or higher.

    Highlights

    Positioned for a long term hold

    Largest tenant in place since 1995

    Double digit cash on cash return

    Prestigious Ward Parkway Corridor

    Most central office submarket

    Time efficient commute

    Walkable to restaurants and shops

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Kansas City History of Office Space for Sale

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    Kansas City Area Market Trends

    Listing Demographics for 9140 Ward Parkway Kansas City, MO 64114

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population8,11186,352220,384
    Population Median Age424140
    Population by Age0-9 Yrs850 (10%)10736 (12%)26572 (12%)
    10-19 Yrs722 (8%)7793 (9%)22419 (10%)
    20-29 Yrs942 (11%)11592 (13%)30230 (13%)
    30-39 Yrs1308 (16%)14135 (16%)33543 (15%)
    40-49 Yrs1037 (12%)9288 (10%)23771 (10%)
    50-59 Yrs1280 (15%)10998 (12%)28075 (12%)
    60-69 Yrs1009 (12%)11274 (13%)28852 (13%)
    70+ Yrs965 (11%)10536 (12%)26923 (12%)
    Median HH Income$82,768$75,011$71,960
    Total Household Income< 24K362 (9%)5298 (13%)13543 (14%)
    25-49K814 (21%)7890 (20%)20101 (20%)
    50-74K554 (14%)6248 (16%)16195 (16%)
    75-99K515 (13%)5237 (13%)12716 (13%)
    100-199K1011 (26%)9632 (24%)22521 (23%)
    200K+523 (13%)4571 (11%)10882 (11%)
    Highest Education LevelNo Diploma14121246938
    Diploma or GED836878825096
    Some College13641205830664
    Assoc. Degree37936069694
    Bachelors Degree20782225052221
    Higher Degree14111482135005
    Total Housing Units3,99042,208104,738
    --Owner-Occupied3,07425,34363,488
    --Renter-Occupied70613,53332,471
    Owner-Occupied Values< 100K23426487687
    100-199K1448815920620
    200-299K369562814400
    300-399K24535278197
    400-499K28419964468
    500K+49433858116
    Total Working Age Population6,74370,487179,945
    In Work Force4,86349,546123,241
    Not In Work Force1,88020,94156,704
    Workforce Employed4,75748,085119,221
    Workforce Unemployed981,4543,969
    Civlian Workforce4,85549,538123,190
    Military Workforce8851
    Total Households3,78038,87695,959
    Family Households2,12421,75554,697
    Non-Family Households1,65617,12141,262
    Married Couple1,75616,81341,904
    Other Family3684,94212,793
    Married w/Child6316,29615,345
    Single Male w/Child296901,567
    Single Female w/Child1131,8574,794

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kansas2,688,418+62,853,118+52,988,194+53,140,008
    Johnson County451,086+21544,179+15625,524+17734,065
    Wyandotte County157,8820157,505+5165,672+2169,789
    Missouri5,595,211+75,988,927+76,389,850+66,746,762
    Jackson County654,880+3674,158+2689,226+4714,467

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 9140 Ward Parkway in Kansas City?
    The asking price for 9140 Ward Parkway is $3,575,000
    What is the building size of this Office property in Kansas City, MO?
    The size of the building/unit at 9140 Ward Parkway in Kansas City is 42,092 square feet
    How much land does the Kansas City, MO property at 9140 Ward Parkway include?
    9140 Ward Parkway in Kansas City includes 2.440 acres of land
    What kind of Office is the propery at 9140 Ward Parkway?
    The property at 9140 Ward Parkway Kansas City, MO 64114 is listed as a Professional Office property
    What is the population within 1 mile of 9140 Ward Parkway in Kansas City?
    The population within 1 mile of 9140 Ward Parkway Kansas City, MO 64114 is 8,111 people.
    Who do I contact for questions about 9140 Ward Parkway?
    You should contact the listing agent, Holly Mills, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Kansas City International Airport (MCI) 24
    Joplin Regional Airport (JLN) 125
    Springfield Branson National Airport (SGF) 136
    Price
    $3,575,000
    Listing Agent
    More listings from Holly Mills
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