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Medical Office Building with Courtyard

20101 E Jackson Drive Independence Independence, MO 64057

New
20101 E Jackson Drive Independence, Independence, MO, 64057
$3,100,000
For Sale
Claim this Listing
$3,100,000

Brick single-story building with an interior courtyard, active medical tenants, and a vacant space available for owner occupancy.

Property Size16,086 SF
Price / SF$192.71
AddedJul 14
Days on Market2
Last RefreshJul 15 at 1:59 am

Property Features for 20101 E Jackson Drive Independence

General Information

Standard status
Active
Size
16,086 SF

Building Details

Year Built
2002

Listing office

Listing date Jul 14, 2026

Source Bhhsstein

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 Cathy Echterling


Investment Insights

Based on property information with market context.

This brick, single-story medical office building includes an interior courtyard and a sprinkler system. The property has occupied space leased to medical service related tenants through 2027 and 2028, with options to renew. A vacant 9,106 SF portion is available for owner-occupancy, and the listing notes the space is also available for lease with re-tenancy subject to conditions.

The building is described as providing freeway visibility from I-70. Recent capital improvements noted in the remarks include new HVAC (2020), a 50-year slate roof (installed 2022), new hot water heaters (2022), and a resurfaced parking lot (2022). Monument signage and recorded surveys are also identified.

Additional context in the remarks references the Independence Center shopping district and Independence Events Center, with access to area retail and entertainment without needing to get on the interstate.

Key Highlights

  • Single‑story brick building with interior courtyard
  • Total lot size: 1.6 acres; city street frontage; free‑standing in the business district
  • New HVAC in 2020; hot water heaters replaced in 2022

Local Financial Insights For Office B

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 $386.1k $24.00
− Vacancy −$57.9k −$3.60
EGI $328.2k $20.40
− OpEx −$82.0k −$5.10
NOI $246.1k $15.30
16,086 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.52M
$3.08M – $4.10M (±1% cap)
NOI $246,116 @ 7.0% cap · market cap 7.94%
Second Best
Healthcare Medical
$3.39M
$2.96M – $3.95M (±1% cap)
NOI $236,966 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$4.75M
$4.16M – $5.55M (±1% cap)
NOI $332,787 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Farmers Insurance - Ernest ... Insurance Agency Farmers Insurance Insurance Agency Brad Korn, Realtor ... Real Estate Agency Park University in Independence, ... University IQ Home Improvement Construction Company

Suggested Use

Real Estate Agency HVAC Service Parking Lot & Garage Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store Pharmacy Garden Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Brick single-story building with an interior courtyard, active medical tenants, and a vacant space available for owner occupancy.
Where is this office building located?
The property is located at 20101 E Jackson Drive Independence Independence, MO.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Single‑story brick building with interior courtyard; Total lot size: 1.6 acres; city street frontage; free‑standing in the business district; New HVAC in 2020; hot water heaters replaced in 2022
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