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Chrisman Plaza S/C 405-523 E 24 Hwy
62,931 SF 93% Leased Retail Building Independence, MO 64050 $2,600,000 ($41.32/SF) 8% Cap Rate
EXECUTIVE SUMMARY
Excellent “Upside”
New Roofs and Parking Lot in 2020
17,200 CPD on 24 Highway
Directly across from William Chrisman High School
Recent Renewals with multiple Tenants
FORMER DRY CLEANER SPACE IS BEING REMEDIATED. DO NOT INQUIRE IF YOUR BANK WILL NOT ALLOW YOU TO MOVE FORWARD WITHOUT AN NFA. SELLER IS CURRENTLY WORKING WITH AN ENVIRONMENTAL ENGINEER TO CLEAN UP AND THE PROCESS SHOULD BE COMPLETED IN EARLY 2026.
PROPERTY FACTS
AMENITIES
- Restaurant
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 501
- 1,800 SF
- Retail
- In-Line
- Now
- 513
- 1,800 SF
- Retail
- In-Line
- Jul 2025
Former Salon. Can NOT do a smoke shop, due to school across the street...
Truman Medical plans to vacate upon their 5/31/25 expiration. Pizza Street occupied years ago; space could accommodate a restaurant. Stand-alone building across from Chrisman High School with great co-tenancy.
| Space | Size | Space Use | Position | Available |
| 501 | 1,800 SF | Retail | In-Line | Now |
| 513 | 1,800 SF | Retail | In-Line | Jul 2025 |
| 523 | 750 SF | Retail | End Cap | Now |
| 529 | 4,250 SF | Retail | Outparcel | Jun 2025 |
501
| Size |
| 1,800 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
513
| Size |
| 1,800 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jul 2025 |
523
| Size |
| 750 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
529
| Size |
| 4,250 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Jun 2025 |
523
| Size | 750 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Former Salon. Can NOT do a smoke shop, due to school across the street...
529
| Size | 4,250 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Jun 2025 |
Truman Medical plans to vacate upon their 5/31/25 expiration. Pizza Street occupied years ago; space could accommodate a restaurant. Stand-alone building across from Chrisman High School with great co-tenancy.
PROPERTY TAXES
| Parcel Number | 26-210-03-36-00-0-00-000 | Improvements Assessment | $460,512 |
| Land Assessment | $397,088 | Total Assessment | $857,600 |
PROPERTY TAXES
Presented by
Chrisman Plaza S/C | 405-523 E 24 Hwy
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