18801 39th S St, Independence, MO 64057-1729
- Community centers
- 710,912 SF
- 29.59 lot acres
Current Use by Public Records
- Forever 21 / Clothing Store / Fashion Accessories Store
- Hot Topic / Clothing Store / Fashion Accessories Store
- rue21 / Clothing Store / Fashion Accessories Store
- Torrid / Clothing & Fashion Store
- Aéropostale / Clothing Store / Men'S Clothing Store
Property Details for 18801 39th S St
- Year built
- 1974
- Lot size
- 29.59 lot acres
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 34-200-04-32
- APU
- 342000432
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 19, 2023 | — | Rcp N LLC | Independence Mall Holding LLC | Special Warranty Deed | — |
| Apr 7, 2022 | — | Independence Mall Holding LLC | — | Deed · related | $2M · United States Small Business Admin |
| Feb 19, 2019 | — | Independence Mall Holding LLC | Wbcmt 2007-c33 Independence | Quit Claim Deed · related | — |
| Feb 20, 2018 | $50,000,000 | Wbcmt 2007-c33 Independence Ct | Bc Trustee Services INC|spg Independence Center Ll | Trustees Deed | — |
| Jul 12, 2007 | — | Spg Independence Center LLC | Simon Property Group | Grant Deed | $200M · Nomura Credit & Capital INC |
Description
This exceptional 952,953 square foot shopping center, located at 18801 East 39th St S in Independence, Missouri (zip code 64057), presents a unique investment opportunity. Built in 1974, the property currently boasts 87% occupancy across its 92 tenants. The center is undergoing a significant transformation into a vibrant mixed-use development, strategically integrating residential, commercial, and recreational elements. This redevelopment plan promises to revitalize the area, creating a dynamic community hub where residents and visitors can live, work, and play. The property's prime location in Jackson County, Missouri, offers excellent accessibility and visibility. This NNN-leased, multi-tenant property represents a compelling investment in a rapidly evolving market, poised for substantial future growth and increased value. The current retail focus is being expanded to include residential units and office spaces, creating a diverse and attractive environment. This forward-thinking approach anticipates and caters to modern urban lifestyle preferences, ensuring long-term viability and appeal. The property's size and existing tenant base provide a solid foundation for this exciting transformation. This is a rare opportunity to acquire a large-scale retail property undergoing a comprehensive and innovative redevelopment.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Jackson
- State
- Missouri
- Longitude
- -94.3577
- Latitude
- 39.0456
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
