Retail Investment Property For
13900 E US Hwy 40 Independence, MO
For Sale
Contact for pricing
7,232 SF fully occupied retail building for sale.
Property Size7,232 SF
Lot Size0.86 Acres
Price / SF$207.98
Days on Market1280
Property Features for 13900 E US Hwy 40
General Information
Standard status
Active
Size
7,232 SF
Lot size
0.86 Acres
Property subtype
RETAIL
Properties For Sale
at 13900 E US Hwy 40 Contact us
Listing Agency:
Block & Company, Inc.
(816) 412-7400
Listed By:
David Block · License #BR00015006
Source:
Moodyscre
Added: Jan 27, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:32AM
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.
Investment Insights
Based on property information with market context.
A 7,232 square foot retail building is available for sale. The property is fully occupied and located within a 300,000 square foot center. The location benefits from an established population base and regional draw. The intersection near the property experiences over 60,000 cars per day. Other tenants in the center include Olive Garden, Next Level Soccer Training, The Forge Gym, and America’s Best Contacts & Eye Glasses. Nearby tenants include Starbucks, HyVee, Furniture Deals, and Old Time Pottery.
Key Highlights
- Fully Occupied 7,232 SF Building
- Located in a 300,000 SF Center with Olive Garden, Next Level Soccer Training, The Forge Gym, and America’s Best Contacts & Eye Glasses
- High‑Traffic Location: Over 60,000 Cars Per Day
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.2k | $18.00 |
| − Vacancy | −$5.2k | −$0.72 |
| EGI | $125.0k | $17.28 |
| − OpEx | −$37.5k | −$5.18 |
| NOI | $87.5k | $12.10 |
7,232 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,478 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,616 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Dollar & plus — 4374 s noland rd, independence, mo 64055
Frequently Asked Questions
What type of property is this?
Shopping center - 7,232 SF fully occupied retail building for sale.
Where is this shopping center located?
The property is located at 13900 E US Hwy 40 Independence, MO.
What is the asking price?
The asking price for this property is $1,504,124.
What are key features of this property?
This property features: Fully Occupied 7,232 SF Building; Located in a 300,000 SF Center with Olive Garden, Next Level Soccer Training, The Forge Gym, and America’s Best Contacts & Eye Glasses; High‑Traffic Location: Over 60,000 Cars Per Day
