114-138 E North Ave

114-138 E North Ave , Belton, Missouri, 64012 | 31,086 sq.f | $ 3,400,000

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About This Restaurant

Investment Highlights

Full Renovation done in fall of 2018 30,824 Total SF +/- Excellent visibility and access 96% Leased

Executive Summary

Prime investment opportunity. Triple-net leases with all leases expiring no less than 2025. 96% occupied.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Retail
  • Building Size    31,086
  • Building Class    C
  • Year Built/Renovated    1967/2018
  • Price    3,400,000
  • Price Per SF    109
  • Cap Rate    8.03
  • NOI    273,000
  • Percent Leased    96
  • Tenancy    Multiple
  • Building Height    1 Story
  • Loading Docks    2 Exterior
  • Building FAR    0.95
  • Land Acres    0.75 AC

Amenities

  • Restaurant
  • Signage

Nearby Amenities & Transportation

Retail Arvest Bank
Retail Scooter's Coffeehouse
Retail Cosentino's Price Chopper
Retail Fazoli's
Retail Cracker Barrel Old Country Store
Retail KeyPoint Counseling Services
Retail Starbucks
Retail Applebee's
Retail ALDI
Retail Buffalo Wild Wings

Property Taxes

Parcel Number 1469300 Improvements Assessment $104,540
Land Assessment $136,450 Total Assessment $240,990
Date Created: 2024-07-16 04:16:21 Last Updated: 2024-07-16 04:16:21
Address: 114-138 E North Ave , Belton, Missouri, 64012