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Building 5 13900 E 40 Hwy 7,232 SF 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
Sale Condition
Sale Leaseback
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
$97,768
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
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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