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BUILDING 4 4600 S Noland Rd 7,908 SF 100% Leased Retail Building Independence, MO 64055 $1,772,953 ($224.20/SF) 6.50% Cap Rate
Investment Highlights
- 2-Tenants Imagine Dental and Athletico
- Other nearby tenants include HyVee, Furniture Deals, Old Time Pottery, Dollar Tree and Olive Garden
- Close Proximity to I-70
Executive Summary
Existing Buildings From 3,000 - 127,458 SF and .70 & .77 Acre Pad Sites For Sale. Tenants include Olive Garden, Next Level Soccer Training, The Forge Gym, America’s Best Contacts & Eye Glasses, Pancho’s Mexican Restaurant, and more. Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more. 300,000 SF center - spaces also available for lease. Established population base + regional draw location. Intersection carries over 60,000 cars per day
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,908 SF
Building Class
B
Year Built
1986
Price
$1,772,953
Price Per SF
$224.20
Cap Rate
6.50%
NOI
$115,243
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.72 AC
Zoning
C-2
Parking
35 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
165’ on Noland Rd
Nearby Major Retailers
Property Taxes
| Parcel Number | 33-520-10-83-00-0-00-000 | Improvements Assessment | $4,691 |
| Land Assessment | $243,430 | Total Assessment | $248,121 |
Property Taxes
Parcel Number
33-520-10-83-00-0-00-000
Land Assessment
$243,430
Improvements Assessment
$4,691
Total Assessment
$248,121
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BUILDING 4 | 4600 S Noland Rd
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