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Leased Entertainment Site / Dev Opp

10735 East 40 Highway : Independence, MO 64055

Jackson County, Missouri

12.95 Acres
Land Auction
September 29, 2022 4:00 PM
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Property Description

Corporate Surplus: Leased Entertainment Site/Development Opportunity | Independence, Mo.

Selling in Online Auction

Bidding Opens: Sept. 23 at 9am Et

Bidding Closes: Sept. 29 at 4pm Et

Located near Kauffman Stadium, home of the Kansas City Royals, and Arrowhead Stadium, home of the Kansas City Chiefs, in addition to numerous other local attractions, there is no shortage of traffic in the area to generate business for this long term tenant - currently paying $81,000 annually, Nnn. Currently operating as a family entertainment venue, this venue offers miniature golf, go-karts, video arcade, batting cages, and children's climbing and playground area. This is a great opportunity to buy and evaluate redevelopment possibilities while maintaining a positive cash flow.

Annual Income: $81,000 - No Landlord Responsibilities

Site Contains 12.95 +/- Acres (7.75+/- Acres in City of Kansas City/5.2 +/- Acres in City of Independence)

Parcels with Highway 40 Frontage Located in The City of Independence - Balance of Property in City of Kansas City

City of Independence Zoning: C-2 (General Commercial)/City of Kansas City Zoning: Mix of R-2.5, R-7.5, B1-1, B3-2

Zoned C-2 (General Commercial)

Wide Variety of Allowable Uses: Medical Facilities, Hospitality/Lodging, Retail and More

Subject Site Located Adjacent to I-70

Highway 40 Traffic Count:  +/-14.500 Vpd

Just Minutes from I-70 (Dtc: 124,518) and I-435 (Dtc: 99,485) Interchange

Tranzon Asset Advisors, Edward Durnil, MO Auctioneer 844, Vance Luksetich, MO RE Broker

More Property Details

COMMERCIALFLIP ID
331801
Posted on COMMERCIALFLIP
21 Days Ago
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