Investment Overview

The subject property is a 13,750-square-foot, multi-tenant retail center located in Independence, Missouri. Dollar Tree Plaza is currently 100 percent occupied, and all leases are triple-net, providing limited landlord responsibilities. The tenant base is complementary mix of internet-resistant, service-oriented businesses, and leased to all national tenants. Anchored by Dollar Tree, the other tenants include Domino’s Pizza and Liberty Tax. The building was constructed in 1980, renovated in 2016 and sits on a 1.75-acre parcel. Landlord reports some parking lot repairs were completed in September 2025. Dollar Tree Plaza is located in a dense retail trade area on U.S. Highway 24, just east of Interstate 291. Traffic counts are more than 22,000 vehicles per day. Numerous national and regional retailers are in the neighboring area, including Cosentino’s Sun Fresh Market, Subway, Family Dollar, Fantastic Sams Cut & Color, Edward Jones, H&R Block, KFC, Walgreens, 7-Eleven, Pizza Hut, Papa Murphy’s, CVS, Dollar General, Metro by T-Mobile, Sonic Drive In, Taco Bell, Papa John’s, AutoZone Auto Parts, Scooter’s Coffee, McDonald’s, and others. The area is also home to Harry S. Truman Presidential Library and Museum, the presidential library and resting place of Harry S. Truman, the 33rd president of the United States. The property benefits from proximity to the rapidly expanding Eastgate Commerce Center, a significant demand generator featuring a $1 billion mixed-use industrial park and the upcoming Nebius AI Data Center, which represents a massive multi-billion-dollar capital investment.