Papa Murphy's & Valvoline Instant Oil Change

For Sale

1531 A E 23rd St, Independence, MO 64055

This Independence property for sale is located at 1531 A E 23rd St. The current listed sale price for Papa Murphy's & Valvoline Instant Oil Change is $2,431,975. Papa Murphy's & Valvoline Instant Oil Change is situated on a lot that is 0.77 acre in size.

Contacts

broker
Gunnar Edlund

Trinity Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 3,360 SF
  • Units 2
  • Lot Size 0.77 Acre
  • Property Tenancy Single Tenant
  • Year Built 2003
  • Date Updated Jun 12, 2025
TBDTBD
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Highlights

  • Dense Residential Base: Over 151,000 Residents Within 5 Miles
  • Established Retail Trade Area: Surrounded by Major National Brands Like Hy-Vee, Aldi, Tractor Supply Co., Price Chopper, and Multiple Dollar Store Concepts
  • Experienced Operator: Papa Murphy’s Lease Backed by Papa Partner’s LLC (20+ Units) - Tenant Recently Exercised an Option Early, Showing Strong Site Commitment
  • High-Traffic Corridor: Outstanding Visibility Along E 23rd St S With 13,000+ Vehicles per day
  • Limited Small-Format Retail: Less Than 2.5% Availability for Properties Under 5,000 SF, Ensuring Leasing Stability and Pricing Power
  • Proximity to Kansas City’s Urban Core: Just 11 Miles From Downtown Kansas City, Missouri’s Largest City by Population and Economic Output
  • Stable Income With 8.8-Year WALT: Tenants Have Shown Commitment Through Early Renewals and Long Lease Terms
  • Stable Investment: Valvoline LLC (NYSE-listed) Guarantees Income With a Strong Corporate Credit on an Absolute NNN Lease, Featuring 10% Rent Increases Every 5 Years

Getting around

  • 51/100

    Walk Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Independence, MO
  • Neighborhood Hanthorn
  • Zip Code 64055
  • Market Kansas City

Points of Interest

  • Worlds of Fun Railroad Station

    8.36 miles

  • 22nd at Vine

    9.23 miles

  • Hy-Vee Gas

    0.08 miles

  • Casey's General Store

    0.34 miles

  • Phillips 66

    0.84 miles

  • QuikTrip

    0.90 miles

  • Sinclair

    1.39 miles

  • BP

    2.17 miles

  • Shell

    2.31 miles

  • Tesla Supercharger

    2.86 miles

  • ChargePoint

    3.30 miles

  • C

    1.92 miles

  • D

    1.94 miles

  • B

    1.95 miles

  • G

    1.96 miles

  • F

    1.98 miles

  • A

    1.98 miles

  • E

    2.00 miles

  • N

    2.05 miles

  • M

    2.06 miles

  • J

    2.12 miles

  • Sonic

    0.57 miles

  • Dunkin'

    0.71 miles

  • Denny's

    0.71 miles

  • Wendy's

    0.73 miles

  • Subway

    0.73 miles

  • McDonald's

    0.76 miles

  • Taco Bell

    0.78 miles

  • Hardee's

    0.79 miles

  • HiBoy

    0.79 miles

  • Arby's

    0.81 miles

  • Hy-Vee

    0.11 miles

  • ALDI

    0.23 miles

  • Price Chopper

    0.52 miles

  • Walmart Neighborhood Market

    1.78 miles

  • Target

    2.22 miles

  • Walmart Supercenter

    2.59 miles

  • Big Lots

    2.64 miles

  • Kohl's

    2.67 miles

  • Ross

    2.72 miles

  • Marshalls

    2.74 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Gunnar Edlund

Trinity Real Estate Investment Services

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