A newly constructed, single-tenant Chipotle in Kansas City, Missouri. The property features a 15-year corporate net lease with 10% rental increases every five years and limited landlord responsibilities. This is an excellent opportunity to acquire a Fortune 500 QSR tenant in a high-traffic corridor, surrounded by national brands and major employers, including the adjacent Oracle Health campus.
The subject property is ideally positioned at the intersection of Hillcrest Road and East Bannister Road (18,664 ADT), less than half a mile from the on/off-ramps to I-435 (43,607 ADT) and under one mile from the on/off-ramps to I-49/US-71 (39,671 ADT). The site is surrounded by national retailers and lodging demand generators, including Starbucks (coming soon), Taco Bell, Arvest Bank, Whataburger, and Hampton Inn, with additional future retail and multifamily development planned in the immediate area.
Directly across the street is Pioneer Plaza, an expanding shopping center anchored by Price Chopper and Heartland Dental, with LifeStorage and additional future retail pads planned.
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