Office Properties for Sale in Independence, Missouri, offer a unique investment opportunity in a city rich in history and cultural significance. As the 5th most populous city in the state, Independence serves as the county seat of Jackson County and is a satellite city of Kansas City, making it an attractive location for businesses and entrepreneurs. Office Properties in Independence can represent a range of investments, from small, independent offices to large, corporate complexes, each with its own unique characteristics and benefits. The city's strong infrastructure, including Centerpoint Medical Center, Amtrak Station, and Kansas City Area Transportation Authority (KCATA), makes it an ideal location for businesses that require easy access to transportation and amenities. Additionally, Independence is home to several major corporations, including Unilever, and has a diverse economic landscape with a strong presence of healthcare, education, retail, and manufacturing industries. With its rich history, cultural attractions, and strong economy, Independence is an excellent place to invest in an Office Property, offering a unique blend of small-town charm and big-city amenities.
With 11 Office Properties for Sale in Independence, there are plenty of options to choose from. Office Properties in Independence offer an average price per square foot of $123 USD and an average size of 21,502 square feet, with the largest property spanning 144,449 square feet. The average cap rate for Office Properties in Independence is 7.56%. In addition to Office Properties, Independence also offers a range of other commercial properties, including Commercial Real Estate, which can provide a unique opportunity for businesses looking to establish a presence in the city. Apartment Buildings in Independence offer a range of options for investors looking to tap into the city's growing rental market. Shopping Centers in Independence provide a convenient location for retailers looking to capitalize on the city's strong consumer base. Hotels in Independence offer a unique opportunity for investors looking to tap into the city's growing tourism industry. With its rich history, cultural attractions, and strong economy, Independence is an excellent place to invest in commercial property, offering a unique blend of small-town charm and big-city amenities.
What is the average price per square foot for office properties in Independence?
The average price per square foot for office properties in Independence is $123 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Independence, Missouri, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and rental income. Here are some key differences between Class A, B, and C office properties:
- Class A office properties are typically modern, high-rise buildings with premium finishes, advanced technology, and top-notch amenities, attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer a balance between quality and affordability, often featuring older buildings with some updates, standard amenities, and moderate rental rates.
- Class C office properties are usually older, functional buildings with limited amenities, lower rental rates, and may require renovation or upgrading to attract tenants.
