11200-11210 E 24th St S

Investment Overview

11200-11210 E 24th St S is a 3,216 SF, six-suite retail strip center on 0.30 acres in Independence, MO, built in 1972 and offered for sale at $295,000 or for lease at $14.00 to $17.00/SF/yr modified gross. Per the current 9/30/26 rent roll, three suites are leased under existing agreements running through 2027 and 2028, and three suites (11202, 11204 and 11208) are vacant and can be leased individually or combined. An owner-user can occupy space while in-place tenants help offset carrying costs, or an investor can add value through lease-up. Tenants pay their own utilities, each suite has its own furnace and A/C, and the site offers 159 feet of frontage and 30 surface parking spaces just off the E 23rd St S (MO-78) corridor.

Investment Highlights

• Offered for sale ($295,000) or lease ($14.00 to $17.00/SF/yr MG)
• 3,216 SF, six-suite retail strip center
• 3 suites leased under existing agreements
• 3 vacant suites available individually or combined
• Owner-user or value-add investment opportunity
• Tenants pay own utilities; landlord pays trash
• Individual furnace and A/C in each suite
• 30 surface parking spaces on 0.30 acres
• Just off the E 23rd St S (MO-78) corridor