19700 Valley View Pkwy Independence, MO 64057
- Turn key restaurants
- 6,000 SF
- 1.65 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 19700 Valley View Pkwy
- Year built
- 2003
- Construction
- WOOD
- Lot size
- 1.65 lot acres
- Property size
- 6,000 SF
- Property type
- Turn key restaurants
- APN
- 34-620-01-08
- APU
- 346200108
Description
This exceptional restaurant property, located at 19700 Valley View Parkway in Independence, Missouri, presents a lucrative investment opportunity. The 6,269 square foot building sits on a sizable 1.65-acre lot, offering ample space and excellent visibility. Currently operating under a seven-year lease (commencing in 2023) with two five-year options, this property boasts a strong 6.46% cap rate, making it an attractive addition to any portfolio. All fixtures, furniture, and equipment are included in the sale price of $1,650,000. The property benefits from its strategic location across from the Independence Events Center, a significant regional draw, and is surrounded by a thriving retail environment including Independence Center Mall and numerous major shopping and dining destinations. Nearby tenants include a diverse range of national retailers such as Bass Pro Shops, Costco, Lowe's, CarMax, Hobby Lobby, Best Buy, Menard's, Macy's, Dick's Sporting Goods, Walmart Supercenter, Target, PetSmart, Sam's Club, Dillard's, Starbucks, and AMC Theatres, ensuring high traffic counts and strong demographics. The property also features excellent visibility and signage to I-70 and a large parking lot, providing convenient access for patrons. This turnkey operation offers a rare opportunity to acquire a well-established restaurant in a high-demand 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
- -94.3484
- Latitude
- 39.0391
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
