3100 Prospect Ave - Fast Food FOR SALE


Kansas City, MO 64128- Ivanhoe Northeast
$1,533,000 USD
480-221-4221
3100 Prospect Ave, Kansas City, MO for Sale
$1,533,000 USD
Fast Food - FOR SALE
1/6
null | 6% Cap Rate

3100 Prospect Ave
Kansas City, MO 64128
Ivanhoe Northeast


HIGHLIGHTS

  • Franchisee Guaranteed Lease | Options To Extend | Scheduled Rental Increases
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Outparcel to Sun Fresh Market Anchored Center |Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• LB Consolidated LLC guaranteed lease • 2+ years remaining with 2 (5-year) option periods to extend • The lease features 2.25% annual rental increases throughout the remainder of the initial term and FMV increases throughout each option period

FOR SALE DETAILS

PRICE

$1,533,000 USD

PRICE/SF

$647 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes | NNN | Annual Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

B3-2

APN/PARCEL ID

29-740-02-13-00-0-00-000

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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