Hub Shopping Center

Off-Market

16611 East 23rd Street South, Independence, MO 64055

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  • Property Type Retail - Community Center
  • Property Size 160,423 SF
  • Lot Size 15.7 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1972

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 07 Mar, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Independence

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Independence Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $18.35
  • 2022 Office Vacancy Rate 26.67%
  • 2022 Office Completions (SF)
View more Independence market trends

Location

Getting Around

  • Walk Score ®

    52/100 Somewhat Walkable
  • Transit Score ®

    20/100 Minimal Transit
  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Independence, MO
  • Neighborhood Glendale
  • Zip Code 64055
  • Market Kansas City

Points of Interest

  • Independence

    2.63 miles

  • Worlds of Fun Railroad Station

    8.76 miles

  • Train and Tram Station

    9.25 miles

  • 22nd at Vine

    9.75 miles

  • QuikTrip

    0.43 miles

  • Hy-Vee Gas

    0.61 miles

  • Casey's General Store

    0.86 miles

  • Sinclair

    1.87 miles

  • Phillips 66

    2.00 miles

  • QuikTrip

    2.11 miles

  • Sam's Club

    2.41 miles

  • Shell

    2.55 miles

  • Tesla Supercharger

    2.58 miles

  • QuikTrip

    2.59 miles

  • C

    2.43 miles

  • D

    2.44 miles

  • B

    2.46 miles

  • G

    2.46 miles

  • A

    2.48 miles

  • F

    2.49 miles

  • E

    2.51 miles

  • N

    2.57 miles

  • M

    2.58 miles

  • J

    2.64 miles

  • Sonic

    0.13 miles

  • Dunkin'

    0.20 miles

  • McDonald's

    0.32 miles

  • HiBoy

    0.37 miles

  • Captain D's

    1.65 miles

  • McDonald's

    1.66 miles

  • Taco Bell

    1.70 miles

  • Pizza Hut

    1.71 miles

  • LongHorn Steakhouse

    2.03 miles

  • Courthouse Exchange

    2.10 miles

  • Price Chopper

    0.01 miles

  • ALDI

    0.30 miles

  • Hy-Vee

    0.59 miles

  • Target

    1.89 miles

  • Walmart Neighborhood Market

    2.09 miles

  • Walmart Supercenter

    2.27 miles

  • Kohl's

    2.27 miles

  • Ross

    2.31 miles

  • Marshalls

    2.33 miles

  • Independence Center

    2.52 miles

Frequently Asked Questions

What is the total square footage of Hub Shopping Center?

Hub Shopping Center totals 160,423 square feet.

When was Hub Shopping Center last sold?

Hub Shopping Center was last sold on 07 Mar, 2022.

What is the property tax for Hub Shopping Center?

The property tax for Hub Shopping Center in 2023 was $162,494.

What is the market value for Hub Shopping Center?

The market value* for Hub Shopping Center in 2023 was $7,500,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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