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New Construction Take 5 Auto Shop
For Sale
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16912 East 23rd St S, Independence, MO 64057

Single-tenant automotive service building with a new-construction profile and a proposed long-term NNN sale leaseback.

Property Size1,415 SF
Days on Market143

Property Features for 16912 East 23rd St S

General Information

Standard status Active
Size 1,415 SF
Property subtype Retail

Site & Location

Traffic Count 65,000 vehicles/day
Road Access Yes

Building Details

Year Built 2024
Buildings 1
Tenancy Single
Abandoned No
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:14AM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This single-tenant Take 5 Oil Change automotive service property contains 1,415 square feet and was completed in June 2024, with store operations beginning the following month. The proposed sale leaseback includes a 15-year primary term structured on a triple-net basis, with no landlord responsibilities, 10% rental escalations during the initial term, and five 5-year renewal options.

The property is positioned at the signalized intersection of East 23rd Street and State Route 291 in Independence, Missouri, approximately 20 minutes east of downtown Kansas City. The intersection records combined traffic of more than 65,000 vehicles per day. Nearby retailers include Price Chopper, Tractor Supply Company, Hy-Vee, ALDI, Dollar Tree, McDonald’s, Planet Fitness, Verizon, 7-Brew, Scooters Coffee, and QuikTrip. More than 148,000 residents live within five miles of the property.

Key Highlights

  • New construction completed in June 2024; Take 5 Oil Change opened in July 2024
  • 1,415‑square‑foot single‑tenant automotive service building
  • Proposed 15‑year triple‑net sale leaseback with no landlord responsibilities

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Building Supply Kitchen & Bath Showroom

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

Lease Details

65,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby
219k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 39% Home Improvements & Furnishings 10% Beauty & Spa 2%
QuikTrip Shops & Services
41,622 visits/mo 0.4 miles
McDonald's Dining
26,605 visits/mo 0.4 miles
7 Brew Coffee Dining
19,888 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
17,989 visits/mo 0.2 miles
Family Dollar Shops & Services
12,084 visits/mo 0.2 miles

Demographics for 64057, MO

14,830
Population
6,652
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
94%
High-School Grad
14.7 sq mi
ZIP Area
1,009
Density / Sq Mi
$71,441
Median Household Income
$44,391
Median Earnings
$1,139
Median Rent
$235,700
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?
Auto shop - Single-tenant automotive service building with a new-construction profile and a proposed long-term NNN sale leaseback.
Where is this auto shop located?
The property is located at 16912 East 23rd St S Independence, MO.
What are key features of this property?
This property features: New construction completed in June 2024; Take 5 Oil Change opened in July 2024; 1,415‑square‑foot single‑tenant automotive service building; Proposed 15‑year triple‑net sale leaseback with no landlord responsibilities
(847) 562-0003 Call to check price and availability
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