12521 East US Hwy 40, Independence, MO
Retail for Sale - $999,000 - 49,831 Sq. Ft. on 4.59 acres
Property Info
| CIMLS# | 909195 |
| Location 12521 East US Hwy 40 Independence MO 64055 | |
| Updated | July 15th, 2017 |
| Type | Retail |
| Price | $999,000 |
| Building | 49,831 Sq. Ft. |
| Land | 4.59 acres |
Property Description
This is an excellent opportunity for an investor looking for retail re-position opportunities. The property is solidly anchored with a Family Dollar as well as a free standing Papa Johns which could easily be spun off if desired.
Location Description:
The property is located in a well established retail trade area. Blue Ridge Mall had long been a major Kansas City shopping destination located at I-70 & Blue Ridge Blvd which is a few blocks from the subject. With the demise of the mall's across the US, Blue Ridge Mall was demolished and a new Wal Mart, Lowes and Burlington Coat was very recently constructed to anchor the 40 Highway corridor.
Highlights:
>> 47,831 sf strip center in good condition
>> 2,000 sf freestanding Papa Johns
>> Excellent retail trade area with high traffic
>> Wal-Mart, Lowes & Burlington Coat within 1/4 mile
>> Excellent value add opportunity for retail investor
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Financials
Sales Info:
>> Commision split: 6.0%
