40 Hwy & Noland Rd Independence, MO 64055
- Retail properties
- 392,500 SF
- 32.81 lot acres
Current Use by Public Records
- Retail properties
Property Details for 40 Hwy & Noland Rd
- Lot size
- 32.81 lot acres
- Property size
- 392,500 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional retail investment opportunity, Noland Fashion Square, encompasses a 392,500 square foot portfolio situated on 32.81 acres in Independence, Missouri, at the high-traffic intersection of Highway 40 and Noland Road. The property boasts seven buildings ranging in size from 3,000 to 127,458 square feet, offering diverse investment options. Individual building sales prices vary, ranging from $1,100,000 to $10,000,000, reflecting the unique size and location of each structure. Two additional pad sites, each approximately 0.7 acres, are also available for sale, priced at $500,000 each. The property is zoned CP-2 and benefits from a strong tenant roster including established names such as Olive Garden, Next Level Soccer Training, The Forge Gym, America's Best Contacts & Eye Glasses, and Pancho's Mexican Restaurant. The high-traffic intersection sees over 60,000 vehicles daily, ensuring significant visibility and accessibility. This established retail center also offers additional leasable space within the existing buildings, providing further income potential. The property's location benefits from a substantial existing population base and a strong regional draw, making it an attractive investment for both owner-users and investors seeking a diversified portfolio. This is a rare opportunity to acquire a well-established, multi-building retail center in a prime Missouri location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Jackson
- State
- Missouri
- Longitude
- -94.4155
- Latitude
- 39.0357
