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Property profile & analytics
FOR LEASE
Strip malls

3800 South Elizabeth St Independence, MO 64057

13,212 SF 1.5 ac lot Built 1988
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-0725692
Property summary
AI-generated overview

This exceptional 3,901 square foot Class B medical office building, located at 3800 S Elizabeth St in Independence, Missouri, 64057, presents a unique leasing opportunity. The entire building is currently vacant and available for lease, offering flexible space options ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,701 square feet. Ideal for a single tenant seeking a substantial footprint or multiple tenants requiring smaller, divisible spaces. The property's convenient location offers excellent visibility and accessibility, situated just off the highway and surrounded by a vibrant mix of retail stores, a shopping mall, a hospital, and numerous restaurants. Its pre-existing design as office space ensures immediate occupancy and adaptability to various medical or professional uses. The building's total square footage is 3,901 square feet, providing ample room for growth and expansion. This is a fantastic opportunity to establish or relocate your practice in a thriving and well-connected area. The property is classified as Class B and offers a multi-tenant configuration. Don't miss this chance to secure a prime location for your business.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction FRAME
Total area 13,212 SF
Lot 1.5 ac (65,340 SF)
APN 34-200-02-30
UPID US48-0725692
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
Current use
Occupant on record · Public records
  • Brad Wilkins - State Farm Insurance Agent Insurance Agency
  • Monelli's Hair Salon
  • Done Virtuously Salon and Spa Hair Salon Nail Salon
  • Scrub Hub (Bike/Boat/Book/etc) Store
  • ChiroTHIN KC Weight Loss Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vn Real Estate Group LLC · 12 yrs held
Vn Real Estate Group LLC
since 2014
4 recorded transactions
2020
Price N/A
2014
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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