Truman’s marketplace - Capital Pacific · Truman’s marketplace ... The Truman Marketplace ......

Truman’s marketplace

premier six tenant power portion of a 52-acre regional center in the kansas city msa

Click for Map [ www.CapitalPacific.com ]12400 15 St. Grandview, MO 64030

https://www.google.com/maps/place/Truman+Marketplace/@38.9017158,-94.5328249,16z/data=!4m13!1m7!3m6!1s0x87c0dd7dce74b221:0xd73e45aef09c14b8!2s12400+15+St,+Grandview,+MO+64030!3b1!8m2!3d38.8979877!4d-94.5271064!3m4!1s0x0:0x496069d888dea115!8m2!3d38.9033313!4d-94.5265898

dave [email protected] | (415) 274-7390CA BRE# 01389761

John [email protected] | (415) 274-2715CA BRE# 01440360

In conjunction with MO Licensed Broker:Adam S. Blue, Area Real Estate Advisors816-876-2511 | [email protected]

subject property is fully leased to six nationally branded tenants that make up the power portion of truman’s marketplace shopping center

Capital Pacific collaborates. Click Here to meet the rest of our San Francisco team.

Listing Team Contact Info

Rentable SF . . . . . . . . . . . 135,176 SFland aRea . . . . . . . . . . . . . 3.1 ACOCCuPanCy . . . . . . . . . . . . 100%yeaR ReMOdeled . . . . . . 2016

price: $17,145,000noi: $1,199,913cap: 7.00%

investment highlights

TRuMAn’S MARkETPLACE | 2


power portion in truman’s marketplaceThe subject property is fully leased to six nationally branded tenants: Burlington, Rue 21, Ross, Five Below, Shoe Carnival, & T.J. Maxx. This portion of the center is considered the “power portion” and is a significant pull for traffic into the center. Other tenants in the center include a high volume Price Chopper (grocery store), Payless Shoe, Petco, Dollar Tree, CVS, and more.

100% leased to six strong tenantsAll six tenants are nationally branded and operating on corporate leases.

recently redeveloped center The shopping center is just finishing a $75,000,000+ redevelopment of the entire center, adding new tenants, upgrading the facade, etc.

10+ years left on term on all leasesAll six tenants have at least 10 years left on their primary term with rental increases and options at the end of the lease terms.

kansas city msaThe subject property is in the kansas City MSA – Grandview, MO is technically in “South kansas City” – 20 minutes from downtown.

excellent retail locationThe Truman Marketplace Shopping Center is located off of Interstate 49, a major commuter highway connecting Grandview and kansas City.

excellent visibility & accessThe shopping center benefits from excellent visibility from Interstate 49, with average daily traffic counts of 74,995. There are off ramps on I-49 for the shopping center heading both north and south, making the center extremely accessible.

new remodel constructionThe subject property was recently extensively remodeled including new roof overlays on Burlington, Ross, and T.J. Maxx and brand new HVAC systems in

core characteristics

subject property is 100% leased to six nationally branded tenants


aerial & traffic counts

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7171

EAGLE’S LANDING GOLF COURSE

GRAND SUMMIT GOLF COURSE

RIVER OAKS GOLF COURSE

CREEKMOOR GOLF COURSE

belvidere elementary

Gladden elementary

Mill Creek upper

elementary

Meadowmere elementary Ingels

elementary

Grandview Middle School

Creekmoor elementary

High Grove elementary

butcher-Greene elementary

Grandview High School

belton High School

beltOn tOWne CenteR

beltOn MaRKetPlaCe

KANSAS CITY

49

Conn-West elementary

74,995 DAILY

TRUMAN’S MARKETPLACE

ThE SUbjECT PROPERTY IS LOCATED DIRECTLY

OFF hIGhwAY 49. hIGhwAY 49 IS ThE MAIN

COMMUTER hIGhwAY IN GRANDVIEw

CONNECTING GRANDVIEw TO KANSAS CITY,

MO. ThERE ARE APPROxIMATELY 75,000 CARS IN

FRONT OF ThE SITE DAILY.


SUbjECT PROPERTY IS LEASED TO A VALUE

LINEUP OF CATEGORY KILLER OFF-PRICE

bRANDS PERFECTLY SUITED FOR ThE

LOCAL DEMOGRAPhICS.

photos


In the News: the market for off-price retailers is growing

investopedia | thu july 28, 2016 12:18pm edtBY DAn MOSkOwITz

with a lack of broad-based wage growth since the financial crisis, many consumers have no interest in paying full price. According to nPD Group, approximately two-thirds of all shoppers spend money at off-price retailers and 75% of all apparel purchases are made at off-price retailers. And according to Moody’s, The TJX Companies, Inc. (TJX), Ross Stores Inc. (ROST) and Burlington Stores, Inc. (BuRL) will see 6%-8% growth over the next five years, whereas retail as a whole will only see growth of 4%.

The discount retailer’s performance bucked a string of weak results from competitors. On wednesday, rival Target Corp (TGT.n), which caters to a higher-income customer than wal-Mart, gave a cautious outlook and reported a lower-than-expected rise in quarterly sales due to unseasonable weather and

OFF-PRICE RETAILERS CONTINUE TO GAIN STEAM

the consumer shift is obvious, and it’s not going to change at any point in the near future. “ “

VIEw FULL ARTICLE

off-price retailers are resonating with fashion- and cost-conscious consumers alike, and are stealing department store business for good reason.

““

vegasinc | mon sept. 19, 2016 2:00am edtBY HOwARD RIELL

More retailers are jumping into the off-price game. Macy’s Inc. made headlines in 2015 when it announced it would open off-price Macy’s Backstage. Many manufacturers are cutting special labels to be sold as off-price goods.

bARGAIN hUNTERS ON ThE PROwL: OFF-PRICE RETAILERS ARE GAINING GROUND IN ThE RETAIL APPAREL INDUSTRY

VIEw FULL ARTICLE

The subject property is fully leased to Ross, T.J. Maxx, Five Below, Burlington, Rue 21, Shoe Carnival

tHe lineup of discount retailers is perfectly suited to tHe immediate demograpHics

http://www.cnbc.com/2016/05/19/walmart-q1-earnings.html

http://www.cnbc.com/2016/05/19/walmart-q1-earnings.html

this information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

income & expense


CurrentCurrentCurrentCurrent Proposed FinancingProposed FinancingProposed FinancingProposed Financing

Price: $17,145,000 Original Loan Amount $12,858,750

Capitalization Rate: 7.00% Loan to Value 75%

Price Per Square Foot: $126.83 Interest Rate 4.25%

Down Payment 25% $4,286,250 Amortization 30 Year

Loan Amount 75% $12,858,750 Term 10 Year, Years 1-2 Interest Only

Total Leased (SF): 100.00% 135,176 Lender CMBS

Total Vacant (SF): 0.00% 0 Recourse Non-Recourse with standard carve outs

Total Rentable Area (SF): 100.00% 135,176 Pre-Payment Yield Maintenance

INCOMEINCOMEINCOMEINCOME P/SF P/SF P/SF P/SF Net Operating Income (Y1) $1,199,913

Scheduled Rent $9.34 $1,263,040 Debt Service (Yrs. 1-2) ($546,497)

Property Tax Recovery $4.19 $566,922 Pre-Tax Cash Flow (Yrs. 1-2) $653,417

Insurance Recovery $0.20 $27,419 Cash-on-cash Return (Yrs. 1-2) 15.24%

CAM Recovery $1.28 $172,899 Reserves TI/LC reserves required

CAM Admin Fee $0.02 $2,697 Projected Net Operating Income (Y3) $1,202,923

EFFECTIVE GROSS INCOMEEFFECTIVE GROSS INCOMEEFFECTIVE GROSS INCOMEEFFECTIVE GROSS INCOME $2,032,978$2,032,978$2,032,978$2,032,978 Debt Service (Yrs. 3-10) ($759,088)

Vacancy Factor (1.8% of EGI) ($36,594) Pre-Tax Cash Flow $443,836

ADJUSTED GROSS INCOMEADJUSTED GROSS INCOMEADJUSTED GROSS INCOMEADJUSTED GROSS INCOME $1,996,384$1,996,384$1,996,384$1,996,384 Debt Coverage Ratio 1.58

Cash-on-cash Return 10.35%

EXPENSE (Budget) EXPENSE (Budget) EXPENSE (Budget) EXPENSE (Budget) P/SF P/SF P/SF P/SF P/SF P/SF P/SF P/SF Principal Pay down (Year 3) $235,978

Property Taxes* ($4.30) ($581,257) Total Return $679,814

Insurance - Property** ($0.08) ($11,427) Yield 15.86%

Insurance - Liability** ($0.13) ($17,289)

Utilities** ($0.15) ($19,802)

Repairs & Maintenance ** ($0.23) ($31,763)

Landscaping ** ($0.12) ($16,114)

Snow Removal ** ($0.30) ($40,730)

Security & Life Safety ** ($0.26) ($35,740)

Property Operating Expenses ** ($0.01) ($1,690)

Management Fee (2% of EGI) ($0.30) ($40,660)

TOTAL OPERATING EXPENSESTOTAL OPERATING EXPENSESTOTAL OPERATING EXPENSESTOTAL OPERATING EXPENSES ($5.89)($5.89)($5.89)($5.89) ($796,471)($796,471)($796,471)($796,471)

NET OPERATING INCOMENET OPERATING INCOMENET OPERATING INCOMENET OPERATING INCOME $1,199,913$1,199,913$1,199,913$1,199,913

* projecting the $4.30/sf for 2017 (includes RETAX/ CID-$1/sf/Replacement Tax)

** Estimated at 43.33% of Dec -2016 figures for 2016 Proforma Operating Budget


rent roll


COMMENTS

Tenant Sq. Ft. Pro - Rata SF Monthly RentAnnual

RentRent/FT/YR Comments

Burlington 64,930 48.03% 10/02/15 02/28/26 $45,000.00 $540,000.00 $8.32

Increase 03/01/21 02/28/26 $47,500.00 $570,000.00 $8.78

Option 1 03/01/25 02/28/30 $54,108.33 $649,300.00 $10.00

Option 2 03/01/30 02/28/35 $56,813.75 $681,765.00 $10.50

Option 3 03/01/35 02/28/40 $59,519.17 $714,230.00 $11.00

Option 4 03/01/40 02/28/45 $62,224.58 $746,695.00 $11.50

Ross Dress for Less 25,000 18.49% 08/19/16 01/31/27 $21,354.17 $256,250.00 $10.25

Increase 02/01/21 01/31/27 $22,395.83 $268,749.96 $10.75

Option 1 02/01/26 01/31/31 $23,437.50 $281,250.00 $11.25

Option 2 02/01/31 01/31/36 $24,479.17 $293,750.00 $11.75

Option 3 02/01/36 01/31/41 $25,520.83 $306,250.00 $12.25

Option 4 02/01/41 01/31/46 $26,562.50 $318,750.00 $12.75

TJ Maxx 21,186 15.67% 08/14/16 08/31/26 $8,837.50 $106,050.00 $5.01

Option 1 05/01/26 04/30/31 $15,006.75 $180,081.00 $8.50

Option 2 05/01/31 04/30/36 $15,889.50 $190,674.00 $9.00

Option 3 05/01/36 04/30/41 $16,772.25 $201,267.00 $9.50

Option 4 05/01/41 04/30/46 $17,655.00 $211,860.00 $10.00

Option 5 05/01/46 01/31/47 $17,655.00 $211,860.00 $10.00

Shoe Carnival 8,060 5.96% 07/01/16 05/31/26 $9,403.33 $112,839.96 $14.00

Increase 07/01/21 05/31/26 $10,075.00 $120,900.00 $15.00

Option 1 06/01/25 05/31/30 $10,746.67 $128,960.00 $16.00

Option 2 06/01/30 05/31/35 $11,418.33 $137,020.00 $17.00

Option 3 06/01/35 05/31/40 $12,090.00 $145,080.00 $18.00

Five Below 9,000 6.66% 05/28/16 01/31/26 $12,375.00 $148,500.00 $16.50

Increase 06/01/21 01/31/26 $13,500.00 $162,000.00 $18.00

Option 1 02/01/26 01/31/31 $15,000.00 $180,000.00 $20.00

Option 2 02/01/31 01/31/36 $16,500.00 $198,000.00 $22.00

70% of total GLA occupied co-tenancy clause.

Co-tenancy with Price Chopper.

Termination right in 4th year if sales do not

exceed $220/sf. 70% of total GLA occupied co-

tenancy clause.


exceed $1.7m. 70% of total GLA occupied co-

tenancy clause.

RENTAL RATESLEASE TERMS

Term


exceed $5m. 70% of total GLA occupied co-

tenancy clause.

Base Rent is currently $10.25/sf. Rent is

reduced by $2/sf annually until a Walmart or

similar retailer of 82,400 sf is open. 70% of

total GLA occupied co-tenancy clause. Co-

tenancy with Price Chopper and Burlington.

Seller agrees credit difference in rent of $2/sf

until such time as WLMT is open in adjacent

parcel. Credit shall not exceed five years from

close of escrow. See agent for details.


rent roll

COMMENTS

Tenant Sq. Ft. Pro - Rata SF Monthly RentAnnual

RentRent/FT/YR Comments

Rue 21 7,000 5.18% 08/18/16 01/31/27 $8,283.33 $99,399.96 $14.20

02/01/18 01/31/19 $8,534.17 $102,410.04

02/01/19 01/31/20 $8,785.00 $105,420.00

02/01/20 01/31/21 $9,053.33 $108,639.96

02/01/21 01/31/22 $9,321.67 $111,860.04

02/01/22 01/31/23 $9,601.67 $115,220.04

02/01/23 01/31/24 $9,893.33 $118,719.96

02/01/24 01/31/25 $10,185.00 $122,220.00

02/01/25 01/31/26 $10,494.17 $125,930.04

02/01/26 01/31/27 $10,809.17 $129,710.04

02/01/27 01/31/32

Current Totals: 135,176 100.00% $105,253.33

Occupied 135,176 100.00% $1,263,039.92

Vacant 0 0.00%

2016 Total Monthly Base Rent:

2016 Total Annual Base Rent:


exceed $950k. Tenant to pay 6% of percentage

rent over natural breakpoint. 70% of total GLA

occupied co-tenancy clause.

LEASE TERMS RENTAL RATES

Term



Recovery Schedule

Tenant NameSquare

Feet Pro Rata % Total CAMs

Tenant

Contribution

Pro Rata

%

Total Property

Taxes

Tenant

Contribution

Pro Rata

%

Total

Insurance

Tenant

ContributionFee %

Fee

CollectedComments

Burlington 64,930 48.03% $145,839 $93,000 48.03% $581,257 $258,000 48.03% $28,716 $13,793 NONE

Tenant pays fixed CAM of $1.55/sf based on

60,000sf and increases at 103% per year max.

Property Taxes and INS are prorata recovery

Ross Dress for Less 25,000 18.49% $145,839 $26,972 18.49% $581,257 $107,500 18.49% $28,716 $5,311 10% $2,697

Tenant pays prorata share of CAM subject to a

cap of 105% annually. Tenant pays prorata share

of Property Taxes and INS.

TJ Maxx 21,186 15.67% $145,839 $22,857 15.67% $581,257 $84,744 15.67% $28,716 $4,501 NONE

Tenant first year CAM not to exceed $35,350.

Property Taxes are capped at $4.00/sf in the first

year. INS is prorata recovery

Shoe Carnival 8,060 5.96% $145,839 $16,120 5.96% $581,257 $64,658 5.96% $28,716 $2,015 NONE

Tenant pays fixed CAM of $2.00/sf and increases

at 103% per year max. Property Taxes shall not

exceed $4.35/sf and shall increase at 107% max.

. INS shall not exceed $$0.25/sf year.

Five Below 9,000 6.66% $145,839 $13,950 6.66% $581,257 $36,270 6.66% $28,716 $1,800 NONE

Tenant pays CAM not to exceed $1.55/sf and

increases at 103% per year max. Property Taxes

shall not exceed $4.03/sf. INS shall not exceed

$$0.20/sf year.

Rue 21 7,000 5.18% $145,839 $0 5.18% $581,257 $15,750 5.18% $28,716 $0 NONE

Does not pay CAM or INS. Property Tax Recovery

is subject to Year 1 limit of $2.25/sf. No

Management Fee, No Administrative Fee;

100% Total CAM $172,899.20 100% Total Taxes $566,922 100%Total

Insurance $27,419

Total CAM

Admin $2,697

Current Totals: 135,176 100.00%

Occupied 135,176 100.00%

Vacant 0 0.00%

MGNT/Administrative FeeCAM (OpCst&Fxed) Property Taxes Insurance


10-year cash flow


Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

For the Years Ending 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 12/31/2026

___________ ___________ ___________ ___________ ___________ ___________ ___________ ___________ ___________ ___________

potential gross revenue

Burlington $540,000 $540,000 $540,000 $540,000 $570,000 $570,000 $570,000 $570,000 $649,300 $649,300

Ross Dress For Less $256,250 $256,250 $256,250 $256,250 $268,750 $268,750 $268,750 $268,750 $268,750 $281,250

T.J. Maxx $106,050 $106,050 $106,050 $106,050 $106,050 $106,050 $106,050 $106,050 $106,050 $180,081

Shoe Carnival $112,840 $112,840 $112,840 $112,840 $112,840 $120,900 $120,900 $120,900 $128,960 $128,960

Five Below $148,500 148,500 148,500 148,500 120,900 120,900 120,900 120,900 128,960 128,960

Rue 21 $99,400 102,410 105,420 108,640 111,860 115,220 118,720 122,220 125,930 129,710

total base rent 1,263,040 1,266,050 1,269,060 1,272,280 1,290,400 1,301,820 1,305,320 1,308,820 1,407,950 1,498,261

Property Tax Recovery (1.5% annual) 566,922 575,426 584,057 592,818 601,710 610,736 619,897 629,195 638,633 648,213

Insurance Recovery (1.5% annual) 27,419 27,830 28,248 28,671 29,102 29,538 29,981 30,431 30,887 31,351

CAM Recovery (1.5% annual) 172,899 175,492 178,125 180,797 183,509 186,261 189,055 191,891 194,769 197,691

CAM Admin Fee (1.5% annual) 2,697 2,737 2,779 2,820 2,862 2,905 2,949 2,993 3,038 3,084

effective gross rent 2,032,977 2,047,536 2,062,268 2,077,386 2,107,583 2,131,261 2,147,202 2,163,331 2,275,278 2,378,599

Market Vacancy Reserve (1.8% of EGI) (36,594) (36,856) (37,121) (37,393) (37,936) (38,363) (38,650) (38,940) (40,955) (42,815)

Total Operating Expenses (1.5% annual) (796,471) (808,418) (820,544) (832,853) (845,345) (858,025) (870,896) (883,959) (897,219) (910,677)

net operating income 1,199,912 1,202,262 1,204,603 1,207,141 1,224,301 1,234,873 1,237,657 1,240,431 1,337,105 1,425,108

cap rate 7.00% 7.01% 7.03% 7.04% 7.14% 7.20% 7.22% 7.23% 7.80% 8.31%

Debt Service* (759,088) (759,088) (759,088) (759,088) (759,088) (759,088) (759,088) (759,088) (759,088) (759,088)

Cash Flow After Debt Service 440,824 443,174 445,515 448,053 465,213 475,785 478,569 481,344 578,017 666,020

Cummulative Cash Flow After Debt Service 883,999 1,329,514 1,777,567 2,242,781 2,718,566 3,197,135 3,678,478 4,256,495 4,922,515

cash on cash (%) 10.28% 10.34% 10.39% 10.45% 10.85% 11.10% 11.17% 11.23% 13.49% 15.54%

Interest Expense (542,307) (532,912) (523,110) (512,883) (502,213) (491,081) (479,466) (467,348) (454,704) (441,513)

Principal Paydown 216,781 226,176 235,978 246,205 256,875 268,007 279,622 291,740 304,384 317,575

Total Return (Cash Flow + Principal) 657,606 669,351 681,493 694,258 722,088 743,792 758,191 773,084 882,400 983,595

Total Return (%) 15.34% 15.62% 15.90% 16.20% 16.85% 17.35% 17.69% 18.04% 20.59% 22.95%

Cummulative Principal Paydown 216,781 442,958 678,936 925,140 1,182,015 1,450,023 1,729,645 2,021,385 2,325,768 2,643,343

* Loan amount of 75% LTV at 4.25% 10 year



site plan

blue Ridge boulevard

Frontage Road

4971

PAD

PAD

PAD

PAD PAD PAD

PAD PAD

sold/under development

tenant leasingunder negotiations

under contract74,995 DAILY

Future Development Parcel

parcel lines


sold/under

development

proposed future walmart supercenter

SUbjECT PROPERTY

INTERSTATE 71 74,995 DAILY

FRONTAGE ROAD

DARK SAM’S CLUb (wALMART OwNED) - PROPOSED FUTURE

wALMART SUPER CENTER LOCATION


PADPAD


PAD

PAD

PAD


PAD PAD

future pads


tenant summary

Burlington is an American national, off-price department store retailer, with 567 stores in 45 states and Puerto Rico. In 2006, it was acquired by Bain Capital in a take-private transaction and, in 2008, Tom kingsbury became president and CEO. The company went public again in 2013 and is listed on the nYSE as “BuRL“. In June 2016, Burlington Stores joined the Fortune 500 list. 2015 revenue was $4.849 billion.

www.burlingtoncoatfactory.com

Headquartered just north of Pittsburgh, PA, Rue21 has nearly 1,000 stores in 47 states located in shopping malls, outlets, and strip centers. Rue21, a specialty discount retailer of young men and women’s casual apparel and accessories, is one of the fastest-growing fashion retail brands in the country. Stores offer the latest trends at affordable prices, so customers don’t have to sacrifice style for savings. In 2013, Apax Partners, a global private equity firm, acquired the company.

www.rue21.com

Ross is the largest off-price retailer in the u.S. with approximately 1,300 locations across the country, the District of Columbia, and Guam. Since 1982, the company’s focus has been on bringing their customers a constant stream of high quality department and specialty store brands at extraordinary savings, while providing an easy, fun, and organized shopping experience.

www.rossstores.com

http://www.t-mobile.com/

http://www.greatclips.com/

http://planetsub.com/


tenant summary

with more than 1,000 stores, T.J. Maxx is a major clothing retailer in the united States. The company is part of the TJX Companies, which also owns HomeGoods/HomeSense, Sierra Trading Post, Marshalls, and winners. The parent company, TJX, operates stores throughout the united kingdom, Ireland, Germany, Poland, Austria, and The netherlands. T.J. Maxx offers men’s, women’s, and children’s apparel and shoes, as well as toys, bath and beauty, accessories, and home products ranging from furniture to kitchen utensils. T.J. Maxx and Marshalls operate as sister stores and share a similar footprint throughout the country.

www.tjmaxx.tjx.com

Five Below is an American publicly held chain of discount stores that sell products priced at $5 and below. The chain is aimed at teens and pre-teens, but offers many products for adults as well. The first Five Below location opened up at the Gateway Shopping Center in wayne, Pennsylvania in 2002. The company now has 500 stores in 32 states. Five Below expects to cut the ribbon on approximately 85 new stores and enter four new states in 2016, on top of the 70 stores they opened in 2015.

www.fivebelow.com

Shoe Carnival is a footwear retailer with over 370 stores throughout the midwest, south, and southeast regions of the u.S. Its stores offer men’s, women’s, children’s, and athletic footwear as well as accessories such as handbags, wallets, shoe care items, and socks. what sets Shoe Carnival stores apart from its competitors is its strategy of creating urgency to buy through limited time promotions and the specials announced over the intercom.

www.shoecarnival.com

http://www.t-mobile.com/

http://www.greatclips.com/

http://www.shoecarnival.com/

regional map

TRUMAN’S MARKETPLACE

tRuMan’S MaRKetPlaCe lOCatIOnReGIOnal MaP

74,995 DAILYInterstate 49

KANSAS CITY. MO

20 MIN16 MILES

GRANDVIEw. MO



1 MILE

3 MILES

5 MILES

1-Mile 3-Miles 5-Miles2010 9,061 38,906 97,2272016 9,352 40,569 100,4222021 9,640 41,941 103,272

PoPuLATIoN

1-Mile 3-Miles 5-MilesAverAge $50,706 $50,853 $67,977MediAn $39,123 $39,303 $48,927

2016 HouSEHoLd INCoMES

truman’s marketplace

demographics 100,000+ residents within 5 miles with an average household income of $67,900+

GRANdvIEw, MoPoPuLATIoN

25,000+

grandview, Mo overview

about grandview, mo Grandview is located in Jackson County, MO, just 20 minutes south of kansas City along u.S. Highway 71. Grandview is considered part of “South kansas City,” which consists of the southern half of kansas City, as well as several other suburbs.

about kansas city, moEncompassing 316 square miles, kansas City is the largest city in the state of Missouri and one of two county seats in Jackson County. It is the predominant city in an MSA of roughly 2.1 million people spanning the Missouri-kansas border.

kansas City is home to the headquarters of dozens of national companies including American Century Investments, AMC Theatres, Applebee’s, and Hallmark Cards. It is also home to one of the largest drug manufacturing plants in the u.S., Sanofi-Aventis, located in South kansas City. numerous agricultural companies operate out of the city as well, and Dairy Farmers of America, the largest Dairy Co-op in the united States, is located there.

kansas City is one of ten regional office cities for the united States Government, making the u.S. Government the largest employer in the kansas City metro area, with more than 146 federal agencies.

kANSAS CITy, MoPoPuLATIoN

475,000+

[ kansas city, mo ]

Company ± EmployEEs

Federal Government 30,000Cerner Corp 10,128HCA Midwest Health System 9,753St. Luke’s Health System 7,550Sprint Corp 6,300

top employerskansas city msa


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Date post:	15-May-2018
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