1100 E North Ave

1100 E North Ave , Belton, Missouri, 64012 | 6,799 sq.f | $ 4,100,000

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About This Restaurant

Investment Highlights

Executive Summary

NNN Investment Property For SaleJose Pepper's on Shopping Center Pad SiteNew Long Term Lease6,799 Sq Ft Freestanding Building on 1.68 Acres | NEW LISTINGThe property is located on a shopping center pad with Target, Home Depot, Kohl's, and many othersBelton/Raymore is a fast growing/strong residential area and one of the hottest growth areas in Greater Kansas City, MissouriJose Pepper's has 14 locations throughout Greater Kansas City and continues to expand. Current locations include Lee's Summit, Kansas City, and Belton in Missouri, and Wichita, Topeka, Overland Park, Shawnee, Olathe, Kansas City, and Mission in KansasThis location has been open since 2008 and is one of the highest volume restaurants in the chainJose Pepper's just signed a new 10 year lease in 2017 - 6.8% CAP Rate

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    6,799
  • Building Class    C
  • Year Built    2003
  • Price    4,100,000
  • Price Per SF    603
  • Cap Rate    5
  • NOI    205,000
  • Tenancy    Single
  • Building Height    1 Story
  • Slab To Slab    12?
  • Building FAR    0.09
  • Land Acres    1.68 AC

Amenities

  • Pylon Sign

Nearby Amenities & Transportation

Retail Hy-Vee
Retail Starbucks
Retail ALDI
Retail Buffalo Wild Wings
Retail Longhorn Steakhouse
Retail Hawaiian Bros Island Grill
Retail Applebee's
Retail Planet Fitness
Retail Bank of America
Retail Dutch Bros

Property Taxes

Parcel Number 1479811 Improvements Assessment $100,110
Land Assessment $267,150 Total Assessment $367,260
Date Created: 2024-07-16 04:16:21 Last Updated: 2024-07-16 04:16:21
Address: 1100 E North Ave , Belton, Missouri, 64012