Listed by Lane4 Property Group
$4,240,000
Eastland Retail Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 12,080
Cap Rate 6.75%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $351
Class A
Year Built 2004
Acreage 2.050
Parking Spaces 106 spaces
Parking Per SqFt 8.77
Investment Type Stabilized
Ground Lease No
Retail Investment Opportunity | 6.75% CAP | 12,080 SF
Marketing description
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.
Investment highlights
- 12,080-square-foot multi-tenant retail asset
- Located within Independence's premier retail corridor at the southeast corner of I-70 and I-470
- Situated in the core of the Eastland retail node
- Surrounded by destination anchors such as Costco, Bass Pro Shops, Lowe's, and Cable Dahmer Arena
- 100% occupied by a diverse mix of tenants
- NNN Leases
- 6.75% Cap Rate
Listing Contacts
Listed by Lane4 Property Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
