Retail Space in High-Traffic
For Sale
Contact for pricing
13500-13920 E US Hwy 40, Independence, MO
Retail spaces available in a 300,000 SF shopping center.
Property Size8,000 SF
Lot Size12.06 Acres
Price / SF$375
Days on Market1374
Property Features for 13500-13920 E US Hwy 40
General Information
Standard status
Active
Size
8,000 SF
Lot size
12.06 Acres
Property subtype
RETAIL
Lease Type
NNN
Site & Location
Neighborhood
South Crysler
Properties For Sale
at 13500-13920 E US Hwy 40 Contact usNoland Fashion Square - Building 2 AVAILABLE, Now
Floor
1
Size
1,270 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Join Olive Garden, Next Level Soccer Training, The Forge Gym, America’s Best Contacts & Eye Glasses
- Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
- Pad sites available for sale, lease, or build-to-suit
- 300,000 SF center seeking anchor, junior anchor, and small shop tenants
- Established population base + regional draw location
- Intersection carries over 60,000 cars per day
Contact us Noland Fashion Square - Building 2 AVAILABLE, Now
Floor
1
Size
1,500 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Join Olive Garden, Next Level Soccer Training, The Forge Gym, America’s Best Contacts & Eye Glasses
- Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
- Pad sites available for sale, lease, or build-to-suit
- 300,000 SF center seeking anchor, junior anchor, and small shop tenants
- Established population base + regional draw location
- Intersection carries over 60,000 cars per day
Contact us Noland Fashion Square - Building 2 AVAILABLE, Now
Floor
1
Size
26,407 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Join Olive Garden, Next Level Soccer Training, The Forge Gym, America’s Best Contacts & Eye Glasses
- Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
- Pad sites available for sale, lease, or build-to-suit
- 300,000 SF center seeking anchor, junior anchor, and small shop tenants
- Established population base + regional draw location
- Intersection carries over 60,000 cars per day
Contact us Noland Fashion Square - Building 2 AVAILABLE, Now
Floor
1
Size
6,162 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Join Olive Garden, Next Level Soccer Training, The Forge Gym, America’s Best Contacts & Eye Glasses
- Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
- Pad sites available for sale, lease, or build-to-suit
- 300,000 SF center seeking anchor, junior anchor, and small shop tenants
- Established population base + regional draw location
- Intersection carries over 60,000 cars per day
Contact us Noland Fashion Square - Building 2 AVAILABLE, Now
Floor
1
Size
6,438 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Join Olive Garden, Next Level Soccer Training, The Forge Gym, America’s Best Contacts & Eye Glasses
- Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
- Pad sites available for sale, lease, or build-to-suit
- 300,000 SF center seeking anchor, junior anchor, and small shop tenants
- Established population base + regional draw location
- Intersection carries over 60,000 cars per day
Contact us Noland Fashion Square - Building 2 AVAILABLE, Now
Floor
1
Size
8,000 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Join Olive Garden, Next Level Soccer Training, The Forge Gym, America’s Best Contacts & Eye Glasses
- Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
- Pad sites available for sale, lease, or build-to-suit
- 300,000 SF center seeking anchor, junior anchor, and small shop tenants
- Established population base + regional draw location
- Intersection carries over 60,000 cars per day
Contact us Noland Fashion Square - Building 2 AVAILABLE, Now
Floor
1
Size
960 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Join Olive Garden, Next Level Soccer Training, The Forge Gym, America’s Best Contacts & Eye Glasses
- Other nearby tenants include Starbucks, HyVee, Furniture Deals, Old Time Pottery, and many more
- Pad sites available for sale, lease, or build-to-suit
- 300,000 SF center seeking anchor, junior anchor, and small shop tenants
- Established population base + regional draw location
- Intersection carries over 60,000 cars per day
Contact us
Show more
Listing Agency:
Block & Company, Inc.
(816) 753-6000
Listed By:
David Block · License #BR00015006
(816) 412-7400
Source:
Moodyscre
Added: Jan 27, 2023
Changed: Oct 26
Last Checked: Nov 1 at 8:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block & Company, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail spaces are available for lease within a 300,000 square foot shopping center. The center is seeking anchor, junior anchor, and small shop tenants. Pad sites are available for sale, lease, or build-to-suit. Current tenants include Olive Garden, Next Level Soccer Training, The Forge Gym, and America’s Best Contacts & Eye Glasses. Other nearby tenants include Starbucks, HyVee, Furniture Deals, and Old Time Pottery. The location benefits from an established population base and serves as a regional draw, with the intersection carrying over 60,000 cars per day.
Key Highlights
- High traffic location: Over 60,000 cars pass by daily.
- Established population base + regional draw location.
- Join established tenants like Olive Garden and America’s Best Contacts & Eye Glasses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,768
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,935,360
$1.9M
Cap Rate 7%
$1,382,400
$1.4M
Cap Rate 9%
$1,075,200
$1.1M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$144.0K $18.00/SF
− Vacancy
−$5.8K −$0.72/SF
EGI
$138.2K $17.28/SF
− OpEx
−$41.5K −$5.18/SF
NOI
$96.8K $12.10/SF
Area
Independence, MO
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,935,360
Cap Rate 7%
$1,382,400
Cap Rate 9%
$1,075,200
Alternative Uses
Best Use
Retail
$1.38M
$1.21M – $1.61M
NOI $96,768 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.36M
$2.07M – $2.76M
NOI $165,504 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
125k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Dining 30%
Home Improvements & Furnishings 13%
Shops & Services 10%
Hy-Vee
Groceries
56,459 visits/mo
0.4 miles
Olive Garden
Dining
17,591 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
15,961 visits/mo
0.4 miles
Arby's
Dining
7,845 visits/mo
0.4 miles
Red Lobster
Dining
5,118 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Dollar & plus — 4374 s noland rd, independence, mo 64055
Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces available in a 300,000 SF shopping center.
Where is this shopping center located?
The property is located at 13500-13920 E US Hwy 40 Independence, MO.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: High traffic location: Over 60,000 cars pass by daily.; Established population base + regional draw location.; Join established tenants like Olive Garden and America’s Best Contacts & Eye Glasses.
