Legend Partners is pleased to present investors with the opportunity
to acquire a multi-tenant retail property currently leased to Chipotle
and Mattress Firm, located in Blue Springs, MO. This asset represents
an ideal passive investment opportunity, with 10 years of primary
term remaining for both tenants, on NNN leases, with corporate
guarantees.
The building was constructed in 2009 and has remained occupied
by its original tenants, both of whom recently executed early 10 year
renewals, showing their success and commitment to this location.
This Chipotle and Mattress Firm property is located in Blue Springs,
Missouri, a suburban city just 19 miles east of Kansas City. The property
is ideally positioned along North East Coronado Drive the city’s
major retail thoroughfare which features national tenants including,
Walmart, Target, and Home Depot, creating exceptional draw to the
trade area. In addition to the supportive retail, the property is visible
from Interstate 70, which sees over 60,000 vehicles per day.