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Bank of the West 4610 Noland Rd 3,000 SF Retail Building Independence, MO 64055 $2,101,575 CAD ($700.52 CAD/SF) 5% Cap Rate
Investment Highlights
- Intersection carries over 60,000 cars per day
Executive Summary
Located on a pad of a 300,000 SF shopping center with Gordmans, Catherine's, Olive Garden, and others
Established population base with commercial and residential growth surrounding this property
Just north of Lakewood communities and Lee's Summit, MO
Established population base with commercial and residential growth surrounding this property
Just north of Lakewood communities and Lee's Summit, MO
Financial Summary (Actual - 2016) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$105,079
|
$35.03
|
Financial Summary (Actual - 2016)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $105,079 |
| Annual Per SF | $35.03 |
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
3,000 SF
Building Class
B
Year Built
1986
Price
$2,101,575 CAD
Price Per SF
$700.52 CAD
Cap Rate
5%
NOI
$105,079 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
6.89 AC
Zoning
C-2 - Commercial
Parking
40 Spaces (13.33 Spaces per 1,000 SF Leased)
Frontage
163’ on Noland Rd
Amenities
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33-520-10-83-00-0-00-000 | Improvements Assessment | $6,576 CAD (2025) |
| Land Assessment | $341,272 CAD (2025) | Total Assessment | $347,848 CAD (2025) |
Property Taxes
Parcel Number
33-520-10-83-00-0-00-000
Land Assessment
$341,272 CAD (2025)
Improvements Assessment
$6,576 CAD (2025)
Total Assessment
$347,848 CAD (2025)
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Bank of the West | 4610 Noland Rd
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