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Building 5 13900 E 40 Hwy

7,232 SF 100% Leased Retail Building Independence, MO 64055 $1,504,124 ($208/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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,232 SF
Building Class
B
Year Built
1986
Price
$1,504,124
Price Per SF
$208
Cap Rate
6.50%
NOI
$97,760
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
17.00 AC
Zoning
C-2
Frontage
131 FT on Us-40 Hwy

Nearby Major Retailers

Olive Garden Italian Rstrnt
Bank of Montreal
Hy-Vee
Planet Fitness
Starbucks
Red Lobster
WW
Central Bank of the Ozarks
Scooter's Coffeehouse
Price Chopper
  • Listing ID: 18479208

  • Date on Market: 2/10/2020

  • Last Updated:

  • Address: 13900 E 40 Hwy, Independence, MO 64055

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