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Building 4 4600 S Noland Rd 7,908 SF 51% 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
51%
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
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- A&B
- 3,908 SF
- Retail
- -
- Now
- C
- 4,000 SF
- Office/Medical
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| A&B | 3,908 SF | Retail | - | Now |
| C | 4,000 SF | Office/Medical | - | 30 Days |
A&B
| Size |
| 3,908 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
C
| Size |
| 4,000 SF |
| Space Use |
| Office/Medical |
| Position |
| - |
| Available |
| 30 Days |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $114,934 | |
| Land Assessment | $461,734 | Total Assessment | $576,668 |
Property Taxes
Parcel Numbers
Land Assessment
$461,734
Improvements Assessment
$114,934
Total Assessment
$576,668
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