Block & Company repurposes vacant FedEx location in Independence, MO into multi-tenant retail center, leasing assignment nearly complete
March 25, 2021
A Block & Company, Inc., Realtors
investment group headed by Phil Peck, CCIM and Marshal Blount of the firm, acquired a former FedEx facility in March of 2020 located at 3721 Noland Rd in Independence, Missouri. The 8,385 square foot building has since been completely repurposed into a 4 unit, multi-tenant retail center in the heart of Noland Road's "Miracle Mile". Construction of a brand new parking lot and building facade was also completed in 2020.
In a year's time, Peck and Blount have successfully leased three of the four available units to Little Caesars, Grassroots Dispensary, and Cricket Wireless. Little Caesars is currently open for business and both Grassroots dispensary and Cricket Wireless anticipate to be open in the Spring of 2021.
A 1,715 square foot in-line space is the last available unit and features fantastic visibility from the street that carries over 29,000 cars per day and close proximity to Interstate 70.
For more information, view the listing page
and property brochure
or contact leasing agents Marshal Blount
and Phil Peck, CCIM
Additional Block & Company Resources:Block & Company, Inc., Realtors Retail Brokerage InformationBlock & Company, Inc., Realtors Investment Brokerage InformationSign Up for My Block to unlock additional information**Please source and hyperlink this press release if cited**About Block & Company, Inc., RealtorsBlock & Company, Inc. Realtors is a full service commercial real estate company headquartered in Kansas City, Missouri since its inception in 1946. The firm's services include brokerage, development, investment, asset/property management, tenant representation, and corporate real estate services. Our commercial brokerage specializes in restaurant, retail, automotive, hotel, industrial, office, shopping center/development, commercial investments, asset/property management, and many other real estate services. With transactions extending to 187 cities in 35 states, Block & Company manages millions of square feet of retail, restaurant, office, and industrial space. Block & Company is proud to be known as one of the Midwest's premier full service real estate organizations, consistently ranked among the industry leaders by trade magazines, local business publications, and our industry peers.