2204 N Belt Hwy - Restaurant FOR SALE


Saint Joseph, MO 64506
$5,647,000 USD
332-345-4222
2204 N Belt Hwy, Saint Joseph, MO for Sale
$5,647,000 USD
Restaurant - FOR SALE
1/3
null | 7% Cap Rate

2204 N Belt Hwy
Saint Joseph, MO 64506


HIGHLIGHTS

  • Long Term Abs NNN Lease
  • Corporate Guarantee
  • Continued Growth
  • Strong Traffic Counts
  • Dense Retail Corridor
  • Missouri Western State University

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Hawaiian Bros Island Grill located at 2204 North Belt Highway, Saint Joseph, Missouri 64506. The site consists of roughly 3279 rentable square feet of building space on an estimated 1.9-acre parcel of land. This Hawaiian Bros Island Grill is subject to a 15-year Triple Net (NNN) lease, which commenced 8/30/2023. The current annual rent is $395,290 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$5,647,000 USD

PRICE/SF

$1,722 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hawaiian Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

CITY

APN/PARCEL ID

06-1.0-02-002-000-047.000

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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