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Auction Information
Auctioneer Cates Auction & Realty Co., Inc. (816) 781-1134
Auction Date Nov 22 Auction
Location
19801 E Valley View Parkway
Independence, MO
Time 03:00PM
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Auction Listing
AuctionZip Auctioneer ID# 3633
Freestanding 6000 SF Retail/Restaurant Building on 1.5 Acres in Class A Location Strategically Situated Betweeen Two Hotels | Last Listed at $1,550,000 | THIS AUCTION HAS BEEN CANCELLED AS AN ABSOLUTE ONLINE AUCTION DUE TO A MORTGAGE LIEN WE WERE NOTIFIED OF TODAY. THE AUCTION HAS BEEN RE-LAUNCHED AS AN AUCTION WITH RESERVE SUBJECT TO BANK APPROVAL. THANK YOU! Located in a Major Retail Corridor Anchored by the Silverstein Eye Center Arena, Costco, Lowes, CarMax, etc., and Home to a Variety of National and Local Restaurants, Hotels and Shops this Development has Traffic Counts over 200,000 VPD

ONLINE BIDDING AVAILABLE - Click here for the auction catalog

CATALOG TEXT BELOW:
1 - 19801 E Valley View Parkway, Independence MO 64057 INVESTMENT HIGHLIGHTS • 6000 SF +/- Freestanding Retail/Restaurant Building on 1.5 Acre +/- Site • Former Rib Crib BBQ and Grill Occupied Space for 12 Years • Major Retail Corridor Anchored by Silverstein Eye Centers Arena, Costco, Lowes, etc. • Strategically Situated Between Two Hotels (Holiday Inn Express and Comfort Suites Hotels) • Trade Area includes Arby’s, IHOP, Outback Steakhouse, Golden Corral, Culvers, Hooters, etc. • Located Within Commercial/Residential Quadrangle with Traffic Counts over 200,000 VPD. • Significant Upside through Stabilization, Value Add or Repurposing BUILDING TYPE Freestanding Retail/Restaurant BUILDING CLASS A TOTAL AREA 6,000 SF +/- USEABLE AREA 5,240 SF +/- SITE AREA 1.51 Acres +/- (65,699.62 SF) YEAR BUILT 2005 ZONING C-2 General Commercial CONSTRUCTION Steel, masonry, wood FOUNDATION Concrete slab EXTERIOR Wood lap siding, Stone columns ROOF Composition/Derbigum SIGNAGE Building, multiple PARKING 88 asphalt surface spaces +/-, ADA compliant PARCEL ID 34-620-04-03-00-0-00-000 2016 RE TAXES $22,844.68 INVESTMENT OVERVIEW This well maintained retail/restaurant property formerly Rib Crib BBQ and Grill was built in 2005 and features a 6000 SF +/- freestanding building on 1 .5 +/- acres located at 19801 E. Valley View Parkway, Independence, Missouri. The property is strategically situated between two hotels (Holiday Inn Express and Comfort Suites) in an excellent retail corridor anchored by the Silverstein Eye Centers Arena, Costco, Lowes, CarMax, etc. Other restaurants in the area include Arby’s, IHOP, Outback Steakhouse, Golden Corral, Culvers, Hooters, Kobe Japanese Steakhouse, bd Mongolian, Carrabba’s Italian Grill, etc. Located within a busy commercial/residential quadrangle bordered by Interstates I-70 to the north, I-470 to the west, US-40 Hwy to the south and Little Blue Parkway to the east, this highly visible development has traffic counts in excess of 200,000 vehicles per day. This investment opportunity is time definite and only available through the auction date. A mortgage lien exists on this property that will require bank approval and acceptance of the bid price. The online auction ends Wednesday, November 22, 2017, starting at 3:00 p.m. *Furniture, fixtures & equipment are not included in this sale.




Auctioneer License Information: 2006-01

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