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    FOR SALE
    Turn key restaurants

    19700 Valley View Pkwy, Independence, MO 64057

    6,000 SF 1.65 ac lot Built 2003
    Individually Owned 11-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US48-0594450
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2003
    Construction WOOD
    Total area 6,000 SF
    Lot 1.65 ac (71,874 SF)
    APN 34-620-01-08
    UPID US48-0594450
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Independence Chicken Block One · 11 yrs held
    Independence Chicken Block One
    since 2014
    7 recorded transactions
    2025
    2015
    2014
    2010
    $1.1M
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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