Population
508,000
Growth (5Y)
+4.1%
Median Income
$64,000
Metro GDP
$148B
Market Overview
Kansas City's position at the geographic center of the US makes it a critical logistics node, and its combination of low cost of living, quality of life, and diverse economy makes it a strong NNN investment market. QuikTrip (a national QSR-adjacent chain with cult following) is particularly active in Kansas City, and the metro's abundance of fast food, pharmacy, and dollar store NNN assets offers excellent diversification opportunities. Cap rates of 5.75–7.25% are among the highest in any metro of Kansas City's size.
Key Highlights
Geographic center of the US makes KC the premier crossroads for rail, road, and air logistics
One of the lowest costs of living among major US metros while maintaining urban amenities
Google Fiber city — attracting remote workers and tech entrepreneurs
Strong agriculture and food processing sector provides recession-resistant employment base
Why Invest in Kansas City
- 1Nation's lowest cost-of-living among cities with this level of economic amenities
- 2Crossroads position drives massive logistics, rail, and distribution center development
- 3QuikTrip ground leases — some of the strongest performing c-store NNN assets nationally
- 4Stable, diversified economy that performs consistently across economic cycles
Recent NNN Activity
"Kansas City NNN market recorded $210M in transactions in 2024. Johnson County, KS (Overland Park, Leawood) corridors remain most active for premium NNN development. QuikTrip assets consistently command 5.0–5.5% cap rates from 1031 exchange buyers."
NNN Snapshot
Cap Rate Range
5.75% - 7.25%
Price Range
$1.0M - $3.4M
Avg Lease Term
12 Years
Unemployment Rate
3.7%
Active NNN Tenants
McDonald'sDollar GeneralQuikTripAutoZoneO'Reilly Auto PartsCVSWalgreens
Major Employers
Cerner (Oracle)Hallmark CardsH&R BlockSprint (T-Mobile)Black & VeatchGarmin
Find NNN Properties in Kansas City
Our advisors have exclusive, off-market NNN inventory in the Kansas City market right now. Contact us to see what's available before it hits the public market.