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Eastland Retail Center 18921 E Valley View Pky 12,080 SF 100% Leased Retail Building Independence, MO 64055 $5,807,698 CAD ($480.77 CAD/SF) 6.75% Cap Rate
Investment Highlights
- 100% occupied by a diverse mix of tenants
- Surrounded by destination anchors: Main Event, Costco, Bass Pro, Cable Dahmer Arena
- Situated in the core of the Eastland retail node at I-70 & I-470
Executive Summary
Eastland Retail Center is a 12,080 SF multi-tenant retail asset located within Independence’s premier retail corridor at the southeast corner of I-70 and I-470 in Independence, Missouri.
Situated in the core of the Eastland retail node, the property is surrounded by destination anchors such as Costco, Bass Pro Shops, Lowe’s, and Cable Dahmer Arena.
The center is currently 100% occupied by a diverse mix of tenants including Subway, Sport Clips, Chick-In-Waffle, Jerusalem Cafe, Crumbl, and Any Lab Test Now.
Situated in the core of the Eastland retail node, the property is surrounded by destination anchors such as Costco, Bass Pro Shops, Lowe’s, and Cable Dahmer Arena.
The center is currently 100% occupied by a diverse mix of tenants including Subway, Sport Clips, Chick-In-Waffle, Jerusalem Cafe, Crumbl, and Any Lab Test Now.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
12,080 SF
Building Class
C
Year Built
2004
Price
$5,807,698 CAD
Price Per SF
$480.77 CAD
Cap Rate
6.75%
NOI
$392,020 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.02 AC
Fairly walkable
50/100
Very drivable
80/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-510-03-07-00-0-00-000 | Improvements Assessment | $322,711 CAD |
| Land Assessment | $703,433 CAD | Total Assessment | $1,026,143 CAD |
Property Taxes
Parcel Number
34-510-03-07-00-0-00-000
Land Assessment
$703,433 CAD
Improvements Assessment
$322,711 CAD
Total Assessment
$1,026,143 CAD
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Eastland Retail Center | 18921 E Valley View Pky
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