19700 Valley View PkwyIndependence, MO 64057

For Sale
$1,650,000

Prime Restaurant Location, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional restaurant property, located at 19700 Valley View Parkway in Independence, Missouri, presents a lucrative investment opportunity. The 6,269 square foot building sits on a sizable 1.65-acre lot, offering ample space and excellent visibility. Currently operating under a seven-year lease (commencing in 2023) with two five-year options, this property boasts a strong 6.46% cap rate, making it an attractive addition to any portfolio. All fixtures, furniture, and equipment are included in the sale price of $1,650,000. The property benefits from its strategic location across from the Independence Events Center, a significant regional draw, and is surrounded by a thriving retail environment including Independence Center Mall and numerous major shopping and dining destinations. Nearby tenants include a diverse range of national retailers such as Bass Pro Shops, Costco, Lowe's, CarMax, Hobby Lobby, Best Buy, Menard's, Macy's, Dick's Sporting Goods, Walmart Supercenter, Target, PetSmart, Sam's Club, Dillard's, Starbucks, and AMC Theatres, ensuring high traffic counts and strong demographics. The property also features excellent visibility and signage to I-70 and a large parking lot, providing convenient access for patrons. This turnkey operation offers a rare opportunity to acquire a well-established restaurant in a high-demand location.

Highlights

  • 6,269 SF building on a 1.65-acre lot.
  • 7-year initial lease (2023 start) with two 5-year options.
  • FF&E included.
  • Prime location across from Independence Events Center, near Independence Center Mall and major shopping/dining.
  • Strong tenant mix nearby including Bass Pro Shops, Costco, Lowe's, and other national retailers.
  • Excellent I-70 visibility and ample parking.

Property Details for 19700 Valley View Pkwy

Property type
Other retail properties, Restaurants
Square Feet
6,269 SF
Lot Size (sq. ft)
71,874 SF

Location Insight

City
Independence
County
Jackson
State
Missouri
Latitude
39.0391868
Longitude
-94.3484448
19700 Valley View Pkwy, Independence, Missouri

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19700 Valley View Pkwy
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