18801 39Th StIndependence, MO 64057

For Sale
Call for price

952,953 SF Shopping Center, 87% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 952,953 square foot shopping center, located at 18801 East 39th St S in Independence, Missouri (zip code 64057), presents a unique investment opportunity. Built in 1974, the property currently boasts 87% occupancy across its 92 tenants. The center is undergoing a significant transformation into a vibrant mixed-use development, strategically integrating residential, commercial, and recreational elements. This redevelopment plan promises to revitalize the area, creating a dynamic community hub where residents and visitors can live, work, and play. The property's prime location in Jackson County, Missouri, offers excellent accessibility and visibility. This NNN-leased, multi-tenant property represents a compelling investment in a rapidly evolving market, poised for substantial future growth and increased value. The current retail focus is being expanded to include residential units and office spaces, creating a diverse and attractive environment. This forward-thinking approach anticipates and caters to modern urban lifestyle preferences, ensuring long-term viability and appeal. The property's size and existing tenant base provide a solid foundation for this exciting transformation. This is a rare opportunity to acquire a large-scale retail property undergoing a comprehensive and innovative redevelopment.

Highlights

  • Retail Shopping Center in Independence, MO
  • NNN Lease, Multi-Tenant Property with 92 Tenants
  • 952,953 square feet, 87% Occupancy
  • Built in 1974
  • Located at 18801 East 39th St S, Independence, MO 64057

Property Details for 18801 39Th St

Property type
Lifestyle centers, Power centers
Square Feet
952,953 SF
Year Built
1974

Location Insight

City
Independence
County
Jackson
State
Missouri
Latitude
39.0455319
Longitude
-94.3581187
18801 39Th St, Independence, Missouri

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18801 39Th St
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