Description
Robandee Shopping Center, a complete redevelopment ideal for new mixed-use neighborhood development being sold as a portfolio with 8500 E Bannister Rd (MLS #2455797). 106,750 SF neighborhood retail s/c in various stages of disrepair on 459,280 SF of land (10.54 AC). The multi-tenant retail bldg of 27-units was built in late 1960's, entails large monument sign & 360 asphalt paved parking spaces. Please do not disturb retail MTM Tenants. Rent roll, 2019 Ph 1 Environmental & Property Condition Assessments upon request. Approximately 849' of E Bannister Rd, a major east"west street and 462' of James A Reed Rd frontage. Located within continuously distressed census tract, the East Bannister Planned Industrial Expansion Area (PIEA), which makes it eligible for tax abatement of 10 years at 100% of the increased property taxes, followed by up to 15 years of 50% tax abatement. Marketing as land. No access provided. SE Jackson County submarket near Oracle Cerner - Innovations Campus one of Kansas Citys largest Employers with plans to develop over 200-acres into office park, which has spurred nearby hospitality, retail, sports complex, single family homes, and affordable, market rate and luxury multi-family development. Great access to major thoroughfares " Interstates 470, 435, & 70 and 71 & 350 Hwys. Disclaimer: Property is not associated with, endorsed by, or sponsored by the businesses identified. The information regarding the subject property is from sources deemed reliable. It is subject to verification. No liability for errors or omissions is assumed. Property may be withdrawn from the market or transacted. The price is subject to change.
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0BEDS
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10.54ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Robandee Shopping Center, a complete redevelopment ideal for new mixed-use neighborhood development being sold as a portfolio with 8500 E Bannister Rd (MLS #2455797). 106,750 SF neighborhood retail s/c in various stages of disrepair on 459,280 SF of land (10.54 AC). The multi-tenant retail bldg of 27-units was built in late 1960's, entails large monument sign & 360 asphalt paved parking spaces. Please do not disturb retail MTM Tenants. Rent roll, 2019 Ph 1 Environmental & Property Condition Assessments upon request. Approximately 849' of E Bannister Rd, a major east"west street and 462' of James A Reed Rd frontage. Located within continuously distressed census tract, the East Bannister Planned Industrial Expansion Area (PIEA), which makes it eligible for tax abatement of 10 years at 100% of the increased property taxes, followed by up to 15 years of 50% tax abatement. Marketing as land. No access provided. SE Jackson County submarket near Oracle Cerner - Innovations Campus one of Kansas Citys largest Employers with plans to develop over 200-acres into office park, which has spurred nearby hospitality, retail, sports complex, single family homes, and affordable, market rate and luxury multi-family development. Great access to major thoroughfares " Interstates 470, 435, & 70 and 71 & 350 Hwys. Disclaimer: Property is not associated with, endorsed by, or sponsored by the businesses identified. The information regarding the subject property is from sources deemed reliable. It is subject to verification. No liability for errors or omissions is assumed. Property may be withdrawn from the market or transacted. The price is subject to change.
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