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13621 E Us Highway 40

3,880 SF Retail Building Independence, MO 64055 $700,000 ($180/SF)

Executive Summary

Freestanding Former Restaurant with Drive-Thru
Excellent traffic counts at 40 Highway & Noland Road
Intersection retailers include HyVee, Dollar General, Furniture Deals and more

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,880 SF
Building Class
B
Year Built
1987
Price
$700,000
Price Per SF
$180
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.62 AC
Zoning
C1
Parking
81 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
62 FT on Us Hwy 40

Amenities

  • Freeway Visibility
  • Restaurant

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Retailer
  • 3,724 SF
  • -
  • -

Steak ‘n Shake was founded in February, 1934 in Normal, Illinois. Gus Belt, Steak ‘n Shake’s founder, pioneered the concept of premium burgers and milk shakes. For over 85 years, the company’s name has been symbolic of its heritage. The word “steak” stood for STEAKBURGER. The term “shake” stood for hand-dipped MILK SHAKES. Gus was determined to serve his customers the finest burgers and shakes in the business. To prove his point that his burgers were exceptionally prime, he would wheel in a barrel of steaks (including round, sirloin, and T-bones) and grind the meat into burgers right in front of the guests. Hence arose the origin of the famous slogan, “In Sight It Must Be Right.” After 85 years, we are continuing Steak n Shake’s tradition of serving the country’s best, freshest, and tastiest burgers and shakes. Steak ‘n Shake Operations, Inc. is a wholly owned subsidiary of Biglari Holdings Inc.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Retailer 3,724 SF - -

Nearby Major Retailers

Olive Garden Italian Rstrnt
Bank of Montreal
Hy-Vee
Planet Fitness
Starbucks
Arvest Bank
Red Lobster
WW
Central Bank of the Ozarks
Scooter's Coffeehouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-530-01-20-00-0-00-000
Land Assessment
$300,928
Improvements Assessment
$72,672
Total Assessment
$373,600
  • Listing ID: 20734132

  • Date on Market: 8/24/2020

  • Last Updated:

  • Address: 13621 E Us Highway 40, Independence, MO 64055

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