19700 Valley View Pkwy, Independence, MO 64057
For Sale
1 / 4
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.