1112 E North Ave - Retail FOR SALE


Belton, MO 64012
$2,934,600 USD
405-205-8489
1112 E North Ave, Belton, MO for Sale
$2,934,600 USD
Retail - FOR SALE
1/10
null | 6.5% Cap Rate

1112 E North Ave
Belton, MO 64012


HIGHLIGHTS

  • New 20-Year, Absolute NNN Corporate Sale-Leaseback
  • Flagship Store (#1)
  • High-Performing Store | Strong Rent-to-Sales & EBITDAR Coverage
  • Dominant Retail Corridor Anchored by National Tenants
  • Rapidly Growing Kansas City Submarket
  • Rapidly Expanding Fast-Casual Tenant

OVERVIEW

SHOP Companies is pleased to offer for sale the Hawaiian Bros located at 1112 E North Avenue in Belton, Missouri, structured as a 20-year, absolute NNN corporate sale-leaseback with Hawaiian Bros Inc. This location represents the first-ever Hawaiian Bros restaurant—the flagship store that established the brand’s operational model and supported its national expansion. The new corporate lease will commence at closing, featuring a 20-year base term and 10% rent escalations every five years, including all four 5-year renewal options. The property is positioned as an outparcel to the Target- and Home Depot–anchored Belton Towne Center, a ±350,000 SF regional power center with major national co-tenants such as Walmart Supercenter, Lowe’s, Academy Sports, Panera Bread, and Starbucks. Located along the I-49 retail corridor, Belton has experienced steady population and economic growth, supported by new infrastructure investment and $33 million in recent TIF improvements enhancing the Highway 58 corridor. As the brand’s original store, the Belton location has maintained strong unit-level performance and healthy rent-to-sales ratios, underscoring its continued importance within the Hawaiian Bros system. The company now operates 65+ restaurants nationwide with over 250 additional units committed through multi-unit franchise development across more than 50 markets. In Association with ParaSell, Inc. | A Licensed Missouri Broker #2019035835

FOR SALE DETAILS

PRICE

$2,934,600 USD

PRICE/SF

$1,031 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hawaiian Bros - Belton, MO

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

1479812

ASK ABOUT THIS PROPERTY

Will LightfootSHOP CompaniesMore Info
405-205-8489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Will LightfootSHOP CompaniesMore Info
405-205-8489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.