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Building 5 13900 E 40 Hwy 7,232 SF Vacant Retail Building Independence, MO 64055 $1,504,124 ($207.98/SF) 6.50% Cap Rate
Investment Highlights
- Prime location with intersection carries over 60,000 cars per day
Executive Summary
INVESTMENT PROPERTY FOR SALE
7,232 SF Building For Sale - Owner will lease back vacancy for one year at $12/SF
300,000 SF center - Join Gordmans Olive Garden, Catherines, The Forge Gym, America's Best Contacts & Eye Glasses
Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
Space also available For Lease - Lease Availability
Established population base + regional draw location
Intersection carries over 60,000 cars per day
7,232 SF Building For Sale - Owner will lease back vacancy for one year at $12/SF
300,000 SF center - Join Gordmans Olive Garden, Catherines, The Forge Gym, America's Best Contacts & Eye Glasses
Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
Space also available For Lease - Lease Availability
Established population base + regional draw location
Intersection carries over 60,000 cars per day
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
7,232 SF
Building Class
B
Year Built
1986
Price
$1,504,124
Price Per SF
$207.98
Cap Rate
6.50%
NOI
$97,760
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
17.00 AC
Zoning
C-2 - Commercial
Frontage
131’ on Us-40 Hwy
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- A
- 3,768 SF
- Retail
- -
- Now
- B
- 1,000 SF
- Retail
- -
- Now
- E
- 2,464 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| A | 3,768 SF | Retail | - | Now |
| B | 1,000 SF | Retail | - | Now |
| E | 2,464 SF | Retail | - | Now |
A
| Size |
| 3,768 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
B
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
E
| Size |
| 2,464 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Hy-Vee
Property Taxes
| Parcel Number | 33-520-10-85-00-0-00-000 | Improvements Assessment | $189,504 |
| Land Assessment | $68,538 | Total Assessment | $258,042 |
Property Taxes
Parcel Number
33-520-10-85-00-0-00-000
Land Assessment
$68,538
Improvements Assessment
$189,504
Total Assessment
$258,042
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Building 5 | 13900 E 40 Hwy
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