Redevelopment Opportunity Comes to Market as Matthews™ Lists MO Shopping Center

Missouri’s Independence Shopping Mall Goes on the Market

 

Independence, MO —Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, listed Independence Center, a super-regional mall located at 18801 East 39^th St., Independence, MO. Boasting over 1.03 million square feet, the center sits on 66.83 acres. The property is exclusively listed by retail specialists Associate Jose Martinez, Associate Gracie Bryant, and Vice President Daniel Thompson.

 

Renovated in 2011, the Independence Center currently has 87% occupancy, featuring Dick’s Sporting Goods and Dillard’s as anchors, in addition to 65+ traditional tenants. The shopping center presents a redevelopment opportunity for investors to redefine the concept of retail space and curate a new shopping destination in the metro by adding multifamily and non-traditional uses.

 

“By incorporating innovative technology, sustainability features, and community-oriented spaces, the investor can create a destination that goes beyond shopping. This unique approach not only adapts to modern consumer preferences but also fosters a sense of belonging, drawing in diverse demographics and ensuring sustained profitability in an evolving market,” Thompson said.

 

Independence is located in Jackson County, which currently has 1,030 multifamily units under construction and a 2.2% population growth rate.

 

For more information on this listing, please click here, or contact Jose Martinez,  Gracie Bryant, and Daniel Thompson.

 

About Matthews™

Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 600 agents and support staff in 22+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.