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12414 S 71 Hwy 12,000 SF Retail Building Grandview, MO 64030 $2,326,218 CAD ($193.85 CAD/SF) 7.43% Cap Rate
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
Building Size
12,000 SF
Building Class
C
Year Built
1993
Price
$2,326,218 CAD
Price Per SF
$193.85 CAD
Cap Rate
7.43%
NOI
$172,922 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
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 64-810-01-15-00-0-00-000 | Improvements Assessment | $368,655 CAD |
| Land Assessment | $72,313 CAD | Total Assessment | $440,969 CAD |
Property Taxes
Parcel Number
64-810-01-15-00-0-00-000
Land Assessment
$72,313 CAD
Improvements Assessment
$368,655 CAD
Total Assessment
$440,969 CAD
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12414 S 71 Hwy
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