13900 E US Hwy 40, Independence, MO
7,232 SF fully occupied retail building for sale.
- Added:
- Jan 27, 2023
- Days on Market:
- 1234
- Last Refresh:
- May 19 at 8:51 pm
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 agent David Block License #BR00015006
Listing office Block & Company, Inc. (816) 753-6000
Listing date Jan 27, 2023
Source Moodyscre
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.
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
- Established Population Base + Regional Draw
- Investment Property
- Proximity to Starbucks, HyVee, Furniture Deals, and Old Time Pottery
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Sunglass Outfitters by Sunglass Hut — 18001 Bass Pro Dr, Independence, MO 64055
- 40 Hi Center — 17501 E US Hwy 40, Independence, MO 64055
- Independence Crossroads shopping center — 4000 S Bolger Rd, Independence, MO 64055
- Colonnade Shopping Center — 17601 E US Hwy 40, Independence, MO 64055
- Apple Tree Center — Shrank Dr, Independence, MO 64055
Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Jackson
- State
- Missouri
- Longitude
- -94.417
- Latitude
- 39.036
