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11862027
11862026

11115 East US HWY 24, Independence, MO 64054

RT
TN TNTN
Tri Elite Holdings
Listed by Tri Elite Holdings
$110,000/Acre/YR
183 days on market
Updated 54 days ago

11115 East US HWY 24

Building Details
Property Type Retail, Land
Sub Type Commercial
Tenancy Single
Lease Type NNN
Class D

Spaces

NNN $110,000 per tenant rate is NNN $220,000 annually.

Retail | Single tenant | 2 acre

Building description

Located at 11115 E US Highway 24, Independence, Missouri 64054—a highly visible, strategically positioned commercial asset with premium highway frontage in the Kansas City suburb.

This exceptional property encompasses a ±1.6-acre parcel (±69,643 SF) at a signalized hard-corner intersection, a key feature that tenants value immensely for its ability to capture cross-traffic from multiple directions, optimizing ingress/egress and customer convenience. With three frontages—±233 feet along E US Highway 24 (±18,471 VPD), ±184 feet along S Sterling Avenue (±9,178 VPD), and ±320 feet along 6th Street—the site delivers unparalleled exposure, totaling over 27,000 vehicles per day. For any tenant, choosing a location with such strong VPD metrics is crucial, as it translates to consistent visibility, increased walk-ins, and enhanced business performance in a competitive market.

Zoned C-2 (General Commercial), the property supports a broad spectrum of uses, making it ideal for adaptive development. Situated in Independence’s vibrant retail corridor, it benefits from excellent connectivity via U.S. Hwy 24, I-435, and I-70, which funnel substantial commuter and shopper traffic through eastern Jackson County and the greater Kansas City metro. The site is conveniently located just ±4 miles northeast of Downtown Independence and ±10 miles east of Downtown Kansas City, appealing to both local and regional audiences.

The surrounding area is rich with retail, dining, and service establishments, including the expansive Independence Center Mall (±1 million SF regional mall anchored by Dillard’s, Macy’s, and AMC Theatres), alongside numerous open-air shopping centers along the Hwy 24 and Noland Road corridors. Complementing these amenities are residential neighborhoods, educational institutions like Blue River Community College (±4,000 students), healthcare facilities such as Center point Medical Center (285+ beds), hotels, and civic landmarks like Independence Square—a historic downtown district that draws year-round visitors. These elements create a robust daytime population and steady traffic flow, ideal for retailers and service providers.

Within a ±3-mile trade area, over 50,000 residents contribute to the local vibrancy, expanding to more than 139,000 people in the ±5-mile radius with an average household income of ±$70,135. These compelling demographics are a top priority for tenants when selecting a site, as they indicate a diverse, economically stable community with strong purchasing power—factors that underpin successful, resilient operations.

Preferred Lease Structure: Standard Tenant Allocation: We aim to accommodate two tenants, with each securing approximately 0.80 acres at an annual lease rate of $110,000 per tenant.

Larger Requirements: The parcel is available to a tenant needing the entire space at an annual lease rate of $220,000.

Building highlights

  • An existing structure on the property is in the process of being demolished at the owner's expense, clearing the way for seamless new development.
  • Prime 1.6-Acre Parcel Just 15 Minutes from Downtown Kansas City: A strategically located development opportunity in the thriving Kansas City suburb of Independence, offering exceptional potential for retail, dining, or service-oriented tenants.
  • Signalized Hard Corner with Superior Traffic Exposure: Positioned at a high-traffic, signalized intersection—a critical advantage for tenants seeking maximum visibility and accessibility. With approximately 18,471 vehicles per day (VPD) on US Hwy 24 and 9,178 VPD on S Sterling Ave, totaling over 27,000 VPD, this location ensures a steady stream of potential customers. In commercial real estate, selecting a site with robust daily vehicle counts is paramount, as it directly drives foot traffic, brand awareness, and revenue growth for businesses.
  • Proximity to National Retailers: Surrounded by established brands including Family Dollar, Dollar General, Taco Bell, Domino’s, O’Reilly, Dollar Tree, Title Max, and more, enhancing the site's appeal through synergistic retail clustering.
  • Strong Demographics Driving Tenant Success: Featuring a 5-mile population of approximately 139,317 residents and an average annual household income of $70,135, this property boasts demographics that are essential for tenant viability. When evaluating locations, savvy tenants prioritize areas with a sizable, affluent consumer base like this, which supports sustained demand, higher spending, and long-term operational stability.
  • Flexible C-2 Zoning (General Commercial District): Permits a wide array of commercial uses, providing versatility for diverse tenant concepts and development strategies.
  • Federal Opportunity Zone Designation: Offers potential tax incentives for investors and developers, adding significant value to redevelopment or ground-up projects.

Listing Contacts

RT
TN TNTN
Tri Elite Holdings
Listed by Tri Elite Holdings

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