Retail Business for Sale in Independence, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Independence, MO 64055

Description

15904 E. 23rd Street S.

Market Context

This retail in Independence, MO is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Independence, MO — <a href="/search/sale/retail/missouri/independence">view the full market</a>.

As of Q1 2026, the Cleveland retail market showed a 4.4% vacancy rate, average asking rents near $16.16/SF/yr, and cap rates around 8.7%. Source: Www.matthews.com Q1 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Cleveland?
About 8.7% as of Q1 2026, per Www.matthews.com.
Is the Cleveland retail market tightening or softening?
Vacancy is around 4.4% (Q1 2026).

Unified Estimate

Medium Confidence

$36.50/SF – $49.38/SF

Mid: $42.94/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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