Independence, Missouri, offers a unique opportunity for investors to capitalize on the city's rich history and growing economy through Retail Properties for sale. With a population of around 120,000, Independence is an attractive location for businesses and residents alike, boasting a strong healthcare sector, a diverse range of educational institutions, and a thriving arts scene. Retail Properties in Independence can represent a wide range of investments, from small strip centers to large shopping malls, each offering a unique chance to tap into the city's consumer base. The city's infrastructure, including Centerpoint Medical Center, Amtrak Station, and Kansas City Area Transportation Authority (KCATA), makes it an ideal location for businesses that rely on easy transportation and access to amenities. Additionally, Independence is home to several major corporations, including Unilever, which has a manufacturing facility in the city. With its strong economy, rich history, and diverse range of attractions, Independence is an excellent place to invest in Retail Properties.
With 18 Retail Properties for sale in Independence, investors have a wide range of options to choose from. The average price per square foot for Retail Properties in Independence is $329 USD, with an average size of 23,655 square feet. The largest Retail Property available in Independence spans 127,458 square feet, offering ample space for businesses to grow and thrive. In addition to Retail Properties, Independence also offers a range of other investment opportunities, including Shopping Centers, which can provide a steady stream of income through rental properties; Restaurants, which can capitalize on the city's growing food scene; Office Properties, which can attract businesses from a variety of industries; and Hotels, which can cater to the city's many tourists and travelers. With its strong economy, rich history, and diverse range of attractions, Independence is an excellent place to invest in Retail Properties or explore other investment opportunities.
What is the average cap rate for retail properties in Independence?
When it comes to retail properties in Independence, investors can expect an average cap rate of 6.85%, which is a key metric to consider when evaluating potential investments. To learn more about how cap rates work and what they mean for your investment strategy, check out our article on what is a cap rate, and explore the 18 available listings of retail properties in Independence, with average prices per square foot of $329 USD and average sizes of 23,655 square feet.
How do location and foot traffic affect retail property values?
In Independence, Missouri, the location and foot traffic of retail properties significantly impact their values. For instance, properties situated near major transportation hubs like the Amtrak Station and Kansas City Area Transportation Authority (KCATA), or in areas with high foot traffic like the Historic Independence Square, tend to have higher values due to increased visibility and accessibility, with an average price per square foot of $329 USD and an average size of 23,655 square feet.
