About This Restaurant
Investment Highlights
15-Year Absolute Triple-Net (NNN) Corporate Ground Lease 10% Rental Increases Every 5 Years Throughout the Initial Term with Multiple Renewal Options 34,289 Residents within a 10-Mile Radius in the Kansas City MSA Brand New High-Quality 2024 Construction with a Drive-Thru | Open and Operating Excellent Frontage and Accessibility Along Route 291 with Immediate Access to Interstate 49, Providing a Direct Route to Kansas City Less Than 1 Mile to Cass Regional Medical Center, a 38,000-SF Facility that Underwent a $2.1 Million Expansion and Renovation Project in 2023
Executive Summary
Whataburger is a privately-held, American regional fast food restaurant chain headquartered and based in San Antonio, Texas. Today, Whataburger is still family owned and operated with over 43,000 employees and more than 1,000 locations across 14 states, with locations planned to open soon in Nevada and South Carolina.Harrisonville is a city in and the county seat of Cass County, Missouri, home to over 10,000 residents. Located approximately 40 miles from Kansas City's central business district, Harrisonville is part of the Kansas City metropolitan area.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 3,787
- Year Built 2024
- Price 2,091,000
- Price Per SF 552
- Cap Rate 5.50
- NOI 115,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 1.72 AC
| Date Created: | 2024-07-16 04:16:21 | Last Updated: | 2024-07-16 04:16:21 |
| Address: | 1705 N State Route 291 , Harrisonville, Missouri, 64701 | ||