Property profile

12220 71 Hwy Grandview, MO 64030

OFF-MARKET
Retail properties & Spaces
57,147 SF
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Property summary

AI-generated overview

Truman's Marketplace, located at 12220 S U.S. 71 Hwy in Grandview, Missouri (zip code 64030), presents a significant retail opportunity in Jackson County. This commercial property offers a total of 57,147 square feet of space, currently entirely vacant and available for lease. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 40,000 square feet. This flexibility allows for a variety of business models and sizes. Grandview is a thriving suburban city just south of Kansas City, offering a strong community atmosphere and convenient access to the larger metropolitan area. The city boasts a rich history and a vibrant community spirit, evident in events like the annual Grandview Days festival. Grandview's focus on sustainable growth and development, coupled with planned infrastructure improvements and new housing, ensures a positive outlook for future business growth in the area. The property's location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a growing community. This is a prime opportunity to establish or expand a retail presence in a desirable location with ample space to accommodate various business needs. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 57,147 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12220 71 Hwy Grandview, MO 64030
Grandview metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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