- For sale
3200 Main Street (the “Property”) encompasses 5.36 acres along Main Street in Kansas City’s rapidly evolving urban core. The offering presents a rare opportunity to acquire a large development site in the path of the new streetcar extension line, which will bring new development to the Midtown corridor. The offering includes the 2.86-acre site at 3200 Main Street with excellent frontage along Main Street and the 2.50-acre site at 100 W. 31st Terrace. With over 550 linear feet of exposure along Main Street, the Property is perfectly positioned for a high density development along the upcoming KC Streetcar Main Street extension line. This will connect the existing streetcar line in the downtown district southwards along Main Street to the University of Missouri-Kansas City campus just south of the Country Club Plaza. The extended streetcar line will dramatically enhance the Midtown corridor and the Property is perfectly positioned to be at the heart of this growth. The Property is currently fully-occupied by Main Street Buick GMC under a two year NNN lease scheduled to expire on August 31, 2022 (tenant has three, one-year extension options).