Pad to Independence Center | Independence, MO
7,250 SF | 100% Leased | Retail Building | Independence, MO 64057 | $4,710,000 ($650/SF) | 6.35% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,710,000
- Property Type
-
Retail
- Square Feet
- 7,250 SF
- Price / Square Foot
- $650
Listing Contacts
Jeff Lefko
Verified Profile
Bill Asher
Verified Profile
- Property Info
Property Overview
New Construction 3-Tenant Pad | Long-Term Corporate Operated Leases | Kansas City MSA; 2.35M People
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Lot Size (sq. ft)
- 61,855 SF
Highlights
- New Construction Three-Tenant Pad on Main and Main Signalized Intersection: Freddy’s (drive-thru), Wingstop, and Helzberg Diamonds (Relocation Store)
- Freddy’s, Wingstop, and Helzberg Diamonds are Corporately Operated | All Three Tenants Have New 10 Year Leases w at Least 10% Increases Every 5 Years
- Freddy’s has 514 Locations in over 30 States | Helzberg has 2,010 Stores in 26 States and a 109 Year Operating History in the Market
- Regional Retail Destination; Outparcel to Independence Center Mall, 100+ Stores (12 Million Shoppers Annually)
- Independence is Part of the Kansas City MSA: Independence is Located 25 mins from Downtown Kansas City & 40 mins from the Kansas City Int Airport
- Named Wall Street Journal’s #18 “2020 Hottest Job Market” Out of 381 U.S. Metro Areas
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