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Noland S Shopping Center 8 Properties Offered at $6,938,129 in Independence, MO
Investment Highlights
- Price Chopper is in the process of relocating to the center directly adjacent to the south with a target opening date of Spring 2027
- Harbor Freight in Noland South ranks 4/32 in the State of Missouri, and 92/1,536 Nationally in terms of YoY visits
- New-to-market Wally’s convenience store and gas station will be opening at Noland Road & I-70 with 53,000 SF and 84-gas pumps at the end of 2026
- Mama Garden ranks 102nd out of 2,350 in terms of YoY visits among restaurants with Placer.ai data in the State of Missouri.
Executive Summary
Annual CID Funding: Approximately $170,000 per year allocated for the reimbursement of capital expenditures. Total CID Funding: Up to $2,581,835 over a span of twenty-seven years. Investment Opportunity: Value-add. WALT: 2.06 Years.
Property Facts
| Price | $6,938,129 | Number of Properties | 8 |
| Price / SF | $44.50 / SF | Individually For Sale | 2 |
| Cap Rate | 8.15% | Total Building Size | 155,907 SF |
| Sale Type | Investment | Total Land Area | 30.06 AC |
| Status | Active |
| Price | $6,938,129 |
| Price / SF | $44.50 / SF |
| Cap Rate | 8.15% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 2 |
| Total Building Size | 155,907 SF |
| Total Land Area | 30.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4500 S Noland, Independence, MO 64055 | Land | 5.20 AC | - | - |
| S. Noland St, Independence, MO 64055 | Land | 3.37 AC | - | - |
| 4420-4486 S Noland Rd, Independence, MO 64055 | Retail | 66,594 SF | 1977 | - |
| 4354-4380 S Noland Rd, Independence, MO 64055 | Retail | 33,137 SF | 1978 | - |
| 4220 S Noland Rd, Independence, MO 64055 | Retail | 31,654 SF | 1981 | - |
| 4510-4528 S Noland Rd, Independence, MO 64055 | Retail | 13,000 SF | 1986 | - |
| 4400 S Noland Rd, Independence, MO 64055 | Retail | 6,696 SF | 1976 | - |
| 4340 S Noland Rd, Independence, MO 64055 | Retail | 4,826 SF | 1986 | - |
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Noland S Shopping Center
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