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 |