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12138-12202 Blue Ridge Ext
Grandview, MO 64030
Truman Plaza Shops · Retail Property For Sale
Investment Highlights
- 12,800 +/- SF Retail Center for Sale or Lease
- Recently completed roof and parking lot renovations for improved property condition.
- Located across from the new Truman Marketplace, enhancing retail synergy and consumer draw.
- Ample on-site parking and above-suite signage opportunities for maximum visibility.
- High-traffic location with direct access to US 71 Highway and proximity to I-49, I-435, and I-470.
- Established tenant mix including State Farm and local service businesses.
Executive Summary
This retail strip center offers a strong investment opportunity in a high-traffic corridor of Grandview, Missouri. The property spans approximately 12,800 square feet on a 64,801-square-foot parcel and is positioned just off US 71 Highway, providing excellent visibility and accessibility. Recent capital improvements, including a new roof and parking lot renovations, enhance the property’s long-term value and reduce near-term maintenance costs.
The center is currently home to established tenants such as State Farm, House of Refuge Church, Ashley’s Lash & Beauty Bar, and Mission 418 Church, creating a stable income base. Located across from the new Truman Marketplace, the property benefits from strong retail synergy and consistent consumer traffic. With ample parking and prominent signage opportunities, this asset is well-suited for investors seeking a property with both income stability and future upside in a growing commercial corridor.
The center is currently home to established tenants such as State Farm, House of Refuge Church, Ashley’s Lash & Beauty Bar, and Mission 418 Church, creating a stable income base. Located across from the new Truman Marketplace, the property benefits from strong retail synergy and consistent consumer traffic. With ample parking and prominent signage opportunities, this asset is well-suited for investors seeking a property with both income stability and future upside in a growing commercial corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
12,800 SF
Building Class
B
Year Built
1987
Price
$995,000
Price Per SF
$77.73
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.37
Lot Size
0.80 AC
Zoning
C-2 - Commercial
Parking
63 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
210’ on Blue Ridge Blvd
Amenities
- Signage
Property Taxes
| Parcel Number | 64-500-04-63-00-0-00-000 | Improvements Assessment | $149,702 |
| Land Assessment | $138,074 | Total Assessment | $287,776 |
Property Taxes
Parcel Number
64-500-04-63-00-0-00-000
Land Assessment
$138,074
Improvements Assessment
$149,702
Total Assessment
$287,776
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