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For Sale

Independence Center - Bldg 2

18701 E 39th St,
Independence, MO 64057

Asset Snapshot

1994
Year Built
2011
Year Renovated
1
Floor Count
169
Parking Spots
100%
Occupancy

Offering Summary

Investment Overview

Crossroads Real Estate Group is pleased to present the exclusive listing of 18701 East 39th Street, a fully occupied retail investment opportunity in Independence, Missouri. The strip center has been meticulously maintained and is poised to provide investors with reliable and predictable cash flow thanks to a strong tenant roster composed of Rally House, Xfinity and Chuck E Cheese. Tenant longevity averaging over 14 years and recent renewals attest to tenants’ commitment to the location and suggest limited short-term rollover risk. Ideally situated along the 39th Street commercial corridor as an outparcel to the Independence Center Mall, the property enjoys high visibility, robust consumer traffic, and excellent accessibility near major highways. As a retail hub with convenient proximity to key Eastern Jackson County communities, the 39th Street corridor promises to draw customers from an expansive consumer base. This established trade area benefits from the region’s high concentration of national retailers.


Investment Highlights

  • High Demand Location | Concentration of compatible retailers
  • Tenant Longevity | 14 Year Average Tenancy
  • Efficient Tenant Mix | Well-aligned to market demand
  • Exceptional Condition | Mitigated near term capex risk
  • Convenient Accessibility | I-470 & I-70 within <0.5 miles
  • Attractive Economics | NNN Structure
  • Abundant Parking | 5.4 spaces per 1,000 SF

How it Works

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Listing Syndicated From

Buildout
For Sale
$5,500,000
Asking Price