Kansas City-Area Retail Center Changes Hands

K-7 Marketplace. Image via Google Street View

Block & Co. has sold K-7 Marketplace, a 11,172-square-foot neighborhood retail center in Lenexa, Kan. The firm’s David Block, Phil Peck and Greg Roberts brokered the deal.

Located at 22903-22917 W. 83rd St. in Johnson County, the shopping center is at the southeast corner of K-7 Highway and 83rd Street. K-7 Marketplace is close to major office and warehouse employers. Additionally, a regional sports facility, 3 & 2 Baseball Complex, is less than a mile from the shopping center.

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Callahan’s Restaurant, Breathe Yoga, Believe Hair and Tim’s Liquors occupy the property. A 1,200-square-foot in-line space and a 1,836-square-foot end cap restaurant space are available for lease. Roberts and Peck will be in charge of leasing services on behalf of the new ownership. Block & Co. will continue to handle property management for the asset.

In July, Peck was also part of the team that facilitated the sale of Raintree Village Shopping Center, a 33,340-square-foot retail property in southeastern Kansas City, Mo. Located on more than 8 acres, the Lee’s Summit, Mo., asset is within 33 miles of K-7 Marketplace.

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