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Large-Format Retail Space
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13500 E 40 Highway, Independence, MO 64055

Previously occupied by Gordmans, the property offers a substantial retail footprint for investment use.

Property Size76,520 SF
Price / SF$68
Days on Market3533

Property Features for 13500 E 40 Highway

General Information

Standard status Active
Size 76,520 SF
Property subtype Retail
Lease Type NNN

Financials

Asking Price $5,203,360
Cap Rate 6.25%

Building Details

Tenancy Multi
Listing Agency: Block & Company Inc
Listed By: Dakota Grizzle · License #2016044160
Source: Crexi
Added: Dec 27, 2016 Changed: Aug 30 Last Checked: Aug 30 at 1:03AM

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.

Located at 13500 E 40 Highway in Independence, Missouri, this retail property contains 76,520 SF of gross building area. The space was previously occupied by Gordmans and served as an anchor-format retail location.

The offering is structured as an investment sale and carries a reported 6.25% CAP. Its large building size and established former anchor use distinguish the property within the retail category.

Key Highlights

  • 76,520 SF gross building area
  • Previously occupied by Gordmans
  • Former anchor‑format retail location

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Daycare Center Skin Care Clinic Catering Service Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby
285k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Dining 45% Home Improvements & Furnishings 3% Beauty & Spa 1%
QuikTrip Shops & Services
67,655 visits/mo 0.2 miles
McDonald's Dining
25,343 visits/mo 0.5 miles
Panda Express Dining
16,409 visits/mo 0.4 miles
Burger King Dining
13,309 visits/mo 0.4 miles
Five Guys Dining
12,627 visits/mo 0.3 miles

Demographics for 64055, MO

36,225
Population
16,900
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
93%
High-School Grad
12.5 sq mi
ZIP Area
2,898
Density / Sq Mi
$64,646
Median Household Income
$42,121
Median Earnings
$1,098
Median Rent
$173,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Previously occupied by Gordmans, the property offers a substantial retail footprint for investment use.
Where is this retail space located?
The property is located at 13500 E 40 Highway Independence, MO.
What is the asking price?
The asking price for this property is $5,203,360.
What are key features of this property?
This property features: 76,520 SF gross building area; Previously occupied by Gordmans; Former anchor‑format retail location
(816) 412-7400 Call to check price and availability
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