19821 E Jackson Dr - Restaurant FOR SALE


Independence, MO 64057
$4,454,000 USD
480-718-5555
19821 E Jackson Dr, Independence, MO for Sale
$4,454,000 USD
Restaurant - FOR SALE
1/10
null | 6.75% Cap Rate

19821 E Jackson Dr
Independence, MO 64057


HIGHLIGHTS

  • ABSOLUTE NNN LEASE | PERCENTAGE RENT: 4 years remaining on initial 15-year Absolute NNN lease with ATTRACTIVE CPI rental escalations every 5 years
  • In addition to Base Rent, Tenant is to pay 5% of Gross Sales above the natural breakpoint.
  • TENANT | EXCEPTIONALLY STRONG SALES PERFORMANCE: B3 Lodge II, LLC owns & operates five Twin Peaks locations in Kansas City & Wichita.
  • DOMINANT RETAIL CORRIDOR | TRAFFIC COUNTS: Well-positioned on a large ±1.66-acre lot (pad site to a 222,000 SF power center)
  • Minutes from Independence Center (1,000,000+ SF super regional shopping mall), Costco, Walmart, Sam’s Club, Target, Bass Pro Shops & Lowe’s
  • AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 127,164 | Average Household Income (1MI): $106,008

OVERVIEW

(Building & Land) Fee Simple

FOR SALE DETAILS

PRICE

$4,454,000 USD

PRICE/SF

$655 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TWIN PEAKS - INDEPENDENCE, MO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bank, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,493 SF

ZONING

Commercial

APN/PARCEL ID

34-100-03-24-00-0-00-000

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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