BUILDING 4 4600 S Noland Rd

7,908 SF 100% Leased Retail Building Independence, MO 64055 $1,772,953 ($224/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
Cap Rate
6.50%
NOI
$115,243
Percent Leased
100%
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 FT on Noland Rd

Nearby Major Retailers

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

PROPERTY TAXES

  • Listing ID: 25819102

  • Date on Market: 5/31/2022

  • Last Updated:

  • Address: 4600 S Noland Rd, Independence, MO 64055