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12414 S 71 Hwy 12,000 SF Retail Building Grandview, MO 64030 $2,316,963 CAD ($193.08 CAD/SF) 7.43% Cap Rate

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Investment Highlights

  • Prime location on S 71 Highway
  • Large parking lot for customers
  • Daycare Buildout
  • High visibility for retail business
  • Includes a dental tenant

Executive Summary

Prime Investment Opportunity – Outparcel of Truman’s Marketplace, Grandview, MO Seize a rare investment opportunity in the thriving heart of Grandview, MO. This 12,000 SF retail property, built in 1993, is an outparcel of Truman’s Marketplace, offering exceptional visibility and accessibility in a high-traffic retail hub. The property is 100% occupied, with long-term dental and daycare tenants. This turnkey investment provides stable income in a growing market, making it an ideal addition to any retail portfolio.

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Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
1993
Price
$2,316,963 CAD
Price Per SF
$193.08 CAD
Cap Rate
7.43%
NOI
$172,234 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Slab To Slab
14’
Building FAR
0.25
Lot Size
1.10 AC
Zoning
Commercial - Commercial
Parking
50 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
159’ on U. S. Highway 71

Amenities

  • Signage

Nearby Major Retailers

Bank Midwest
UMB Bank
Mcallister's Deli
IHOP
Starbucks
Dutch Bros
Price Chopper
Commerce Bank of Missouri
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
64-810-01-15-00-0-00-000
Land Assessment
$72,795 CAD
Improvements Assessment
$371,113 CAD
Total Assessment
$443,909 CAD
  • Listing ID: 35125628

  • Date on Market: 2025-03-13

  • Last Updated:

  • Address: 12414 S 71 Hwy, Grandview, MO 64030

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