13621 40Th St Independence, MO 64055
This exceptional investment opportunity presents a 3,724 square foot freestanding restaurant building situated on a 1.46-acre lot at 13621 E. 40th St, Independence, Missouri, 64055. Previously operated as a Steak 'n Shake, this property boasts a convenient drive-thru, making it ideal for a variety of food service concepts. The building is categorized as retail, offering a single tenancy. The asking price is $750,000, presenting a compelling owner/user investment opportunity. Located at the high-traffic intersection of 40 Highway and Noland Road, this property benefits from excellent visibility and accessibility. The surrounding area features a strong retail presence, including established businesses such as HyVee, Dollar General, and Furniture Deals, ensuring a robust customer base. The property's size and location make it a highly attractive prospect for entrepreneurs seeking a well-positioned restaurant space in a thriving commercial area of Jackson County, Missouri. This is a rare chance to acquire a turnkey restaurant property in a prime location with significant potential for growth and profitability. The property's history as a successful restaurant operation provides a solid foundation for future success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.