2323 N 7 Hwy - Retail FOR SALE
Blue Springs, MO 64014 |
$1,567,512 USD
602-625-8338
2323 N 7 Hwy
Blue Springs, MO 64014
HIGHLIGHTS
- Absolute NNN with zero landlord responsibilities on a long-term lease with over 11 years remaining
- 10% increases every 5 years with the next increase in December 2026
- Soar Restaurants II LLC is part of Soar QSR, a large SONIC franchisee, operating appx 190 locations across 20 states
- High-traffic location with ±18,500 VPD on Highway 7 and ±57,500 VPD on Interstate 70
- About 4 miles from Blue Springs South High School with ±2,261 students
- ±15 minutes from the Truman Sports Complex, which houses GEHA Field at Arrowhead Stadium and Kauffman Stadium, home to the NFL’s Chiefs
OVERVIEW
Retail Investment Group is pleased to offer for sale this Sonic in Blue Springs, Missouri (Kansas City MSA with over 2.2 million people). This opportunity features an absolute NNN lease with more than 11 years remaining. Built in 1989, this Sonic has been operating at this location for approximately 36 years. This ±1,303-square-foot building sits on a ±0.72-acre lot.
Broker of Record:
Brian Brockman - Broker
Lic: 2017032771
Bang Realty-Missouri Inc
513.898.1551
bor@bangrealty.com
FOR SALE DETAILS
PRICE
$1,567,512 USD
PRICE/SF
$1,203 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sonic Blue Springs
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,488 SF
ZONING
-
APN/PARCEL ID
36-330-20-98-01-0-00-000
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602-625-8338
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602-625-8338
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