330 NE 291 Hwy - Retail FOR SALE


Lee's Summit, MO 64063
$1,928,571 USD
847-562-0003
330 NE 291 Hwy, Lee's Summit, MO for Sale
$1,928,571 USD
Retail - FOR SALE
1/5
null | 7% Cap Rate

330 NE 291 Hwy
Lee's Summit, MO 64063


HIGHLIGHTS

  • Kansas City MSA – Ranked #31 in the United States for population size
  • 15-year sale leaseback upon close of escrow
  • 10% rental escalations every 5 years
  • NNN – no landlord responsibilities
  • Proximity to US Highway 50 (73,000 VPD) & US Highway 50 (73,000 VPD)
  • Minutes from Lee’s Summit North High School (2,000 students) & Lee’s Summit High School (2,000 students)

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant Take 5 Oil Change property positioned within the Kansas City MSA in Lee’s Summit, Missouri. The proposed sale leaseback term is 15 years and triple net with no landlord responsibilities. There will be 10% rental escalations throughout the primary term and ?ve 5-year renewal options. Construction of the property will be completed at the end of 2025. The operator, Driven Assets, currently operates 7 locations and will have 10 by the end of 2026. Driven Assets also has exclusive rights to operate 16 locations in the Kansas City metro. The new construction, 3-bay property, is strategically positioned along Route 291 with direct access to 30,130 vehicles per day. It is also within proximity to both U.S. Highway 50 (73,000 VPD) and Interstate 470 (42,000 VPD). The property is surrounded by major national retailers including Walmart Supercenter, Sprouts Farmers Market, Hy-Vee Grocery, At Home, Ace Hardware, Starbucks, and Chase Bank. Additionally, the site is ideally situated between Lee’s Summit High School and Lee’s Summit North High School, which together enroll more than 4,000 students. The surrounding area boasts a population exceeding 93,000 residents within a ?ve-mile radius, with an average household income greater than $127,000. Take 5 Oil Change is a leading quick-service automotive maintenance chain headquartered in Charlotte, North Carolina, and a subsidiary of Driven Brands Holdings Inc., North America’s largest automotive aftermarket services company. Founded in 1984 as Rapid Oil Change by Monty Montgomery in Metairie, Louisiana, the company pioneered the stay-in-your-car oil change model in 1996, rebranding as Take 5 and introducing the industry’s first five-minute drive-through service. This innovation, enabled by proprietary shallow-pit technology, allows customers to receive oil changes, air filter replacements, wiper blade installations, tire rotations, and fluid checks without leaving their vehicles. Acquired by Driven Brands in 2016, Take 5 has since expanded from fewer than 50 locations to over 1,000 company-owned and franchised centers across more than 20 U.S. states and Canada as of 2025.

FOR SALE DETAILS

PRICE

$1,928,571 USD

PRICE/SF

$1,363 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change (Sale Leaseback)

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

-

APN/PARCEL ID

61-210-11-41-02-0-00-000

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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