4641 S Cochise Dr - Restaurant FOR SALE


Independence, MO 64055- 39th East
$2,647,985 USD
858-900-3700
4641 S Cochise Dr, Independence, MO for Sale
$2,647,985 USD
Restaurant - FOR SALE
1/9
null | 6.55% Cap Rate

4641 S Cochise Dr
Independence, MO 64055
39th East


OVERVIEW

LONG TERM ABSOLUTE NNN LEASE There are currently ±12 years remaining on the lease term followed by four (4), 5-year renewal options, with zero landlord responsibilities. 1.5% ANNUAL RENT INCREASES Scheduled 1.5% annual rent increases begin April 21, 2027 and continue through the primary term and option periods. ESTABLISHED MULTI UNIT FRANCHISEE As of 2025, AP Restaurant Group, LLC operates 15 Slim Chickens locations across Kansas, Missouri, and Oklahoma, ranking among the brand's largest multi-unit franchise groups. ACTIVE DEVELOPMENT PIPELINE In January 2024, AP Restaurant Group signed a 14-unit franchise development agreement for Kansas and Missouri. E-COMMERCE AND RECESSION-RESISTANT TENANT QSR properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties. FAST GROWING NATIONAL BRAND Slim Chickens has experienced ~70% restaurant growth over the last three years and has been recognized on the 2025 Fast Casual Top 100 Movers & Shakers list, Entrepreneur's Franchise 500, and Franchise Times Top 400. ESTABLISHED LOCATION The property has operated as a quick-service restaurant leased to Slim Chickens since the property was built in 2014. GREAT ACCESS AND VISIBILITY Strategically positioned along the I-70 corridor at a major interchange serving the Independence Center retail district, with ±45,290 average daily traffic and strong co-tenancy from national retailers. STRONG DEMOGRAPHICS AND TRADE AREA The property is located in a dense, high-income trade area with over 131,000 residents within a five-mile radius and average household incomes exceeding $97,000. HUNDREDS OF NEW MULTIFAMILY UNITS EXPANDING POPULATION Multiple garden-style and mixed-use multifamily projects are underway in eastern Independence near Little Blue Parkway and along the I-70 corridor, with several hundred new units in various stages of planning and early construction targeting workforce households and renters-by-choice priced out of central Kansas City. MODOT'S MULTI YEAR I-70 MODERNIZATION ENHANCING ACCESS MoDOT's multi-year I-70 improvement program includes widening and interchange modernization between Kansas City and Blue Springs, with ramp and traffic-flow improvements at key interchanges serving this location. Broker of Record: Jared Andrew English 702.429.1662 english.jandrew@gmail.com MO LIC #2021048729

FOR SALE DETAILS

PRICE

$2,647,985 USD

PRICE/SF

$926 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Slim Chickens - Independence, MO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

C-2

APN/PARCEL ID

34-520-01-08-00-0-00-000

ASK ABOUT THIS PROPERTY

Renato LorjaCIRE PartnersMore Info
858-900-3700

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Renato LorjaCIRE PartnersMore Info
858-900-3700

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