Medical Office and Retail
15904 E 23rd St Building B Independence, MO 64055
15904 E 23rd St Building B, Independence, MO, 64055
$800,000
For Sale
$800,000
Modern Building B offers flexible healthcare and commercial space with strong visibility and ample common off-street parking.
Property Size6,325 SF
Price / SF$126.48
Days on Market47
Property Features for 15904 E 23rd St Building B
General Information
- Standard status
- Active
- Size
- 6,325 SF
- Property subtype
- Office
Building Details
- Year Built
- 2009
Listing Agency
Clemons Real Estate
(913) 271-6929
Listed by
Audrey Navarro · License #2003023010
(913) 271-6929
Source
Clemonsrealestate
Added: Jun 2 Checked: Jul 17 at 7:22 am
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 Clemons Real Estate
Investment Insights
Based on property information with market context.
Building B is part of Trail Ridge Shopping Center and provides a modern, multi-use configuration built in 2010. The site is suited for a range of functions including retail, medical, office, or warehouse/industrial, making the building a practical choice for both investors and owner-users seeking adaptable space. A value-add opportunity is available through vacancy lease-up.
Located along E 23rd St in Independence, Missouri, the property is positioned about a half-mile west of Highway 291. The location benefits from a high-traffic corridor with excellent visibility along a main thoroughfare, supporting strong customer and patient accessibility. The center also provides plentiful off-street parking that is common to the shopping center.
With its established role within a shopping center and its versatile buildout, Building B can fit medical and office tenants looking for a prominent, easy-to-find address, as well as operators seeking adaptable commercial space. For investors, the current vacancy presents an opportunity to stabilize and improve income through leasing. For owner-users, the flexible use profile supports aligning the space to their operating needs while leveraging the center’s visibility and parking.
Located along E 23rd St in Independence, Missouri, the property is positioned about a half-mile west of Highway 291. The location benefits from a high-traffic corridor with excellent visibility along a main thoroughfare, supporting strong customer and patient accessibility. The center also provides plentiful off-street parking that is common to the shopping center.
With its established role within a shopping center and its versatile buildout, Building B can fit medical and office tenants looking for a prominent, easy-to-find address, as well as operators seeking adaptable commercial space. For investors, the current vacancy presents an opportunity to stabilize and improve income through leasing. For owner-users, the flexible use profile supports aligning the space to their operating needs while leveraging the center’s visibility and parking.
Key Highlights
- Trail Ridge Shopping Center Building B in Independence, Missouri on 23rd St.
- Year built 2009 (modern construction); Building B of two buildings.
- Total space listed: 6,325 SF; current tenant space noted as 3,326 SF for a dental practice.
Local Financial Insights For Industrial
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 | $98.7k | $15.60 |
| − Vacancy | −$6.5k | −$1.03 |
| EGI | $92.2k | $14.57 |
| − OpEx | −$27.6k | −$4.37 |
| NOI | $64.5k | $10.20 |
6,325 SF · lease $15.60/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.38M
$1.21M – $1.61M
NOI $96,773 @ 7.0% cap · market cap 12.10%
Second Best
Healthcare Medical
$1.33M
$1.16M – $1.55M
NOI $93,175 @ 7.0% cap · market cap 11.65%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $130,852 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dentists of Independence
Dental Office
Hemali Vin
Dental Office
Mohammed Nuru
Dental Office
Dr. Marc Gayed
Dental Office
Alex R Sharifian
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Cedar Ridge Animal Hospital — 1102 East 23rd St S, Independence, MO 64055
FAQs
What type of property is this?
Medical Office Space - Modern Building B offers flexible healthcare and commercial space with strong visibility and ample common off-street parking.
Where is this medical office space located?
The property is located at 15904 E 23rd St Building B Independence, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Trail Ridge Shopping Center Building B in Independence, Missouri on 23rd St.; Year built 2009 (modern construction); Building B of two buildings.; Total space listed: 6,325 SF; current tenant space noted as 3,326 SF for a dental practice.
