701 SE Melody Ln - Restaurant FOR SALE
Lees Summit, MO 64063 |
$1,986,000 USD
701 SE Melody Ln
Lees Summit, MO 64063
HIGHLIGHTS
- New 12-Year Absolute NNN Lease; 2; 5 Year Option Periods; 22 Years of Potential Lease Term; Zero Landlord Responsibilities
- Seasoned and Experienced Operator & Guarantor; Currently Opening 2nd Location in Kansas City MSA
- Strong Unit Level Financials & Healthy Rent-to-Sales Ratio (Contact Broker for Details)
- Tenant Building Outdoor Patio; Complete Interior & Exterior Renovations Completed in 2024 at Tenant Expense
- Signalized Hard Corner; Multiple Points of Ingress & Egress with 25,000 Vehicles Per Day
- Affluent Demographics and Dense Infill; $118,000 Average Household Income and Over 96,000 People within 5 Miles
FOR SALE DETAILS
PRICE
$1,986,000 USD
PRICE/SF
$436 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL Don Chuy's | Kansas City MSA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
73
LAND DETAILS
LAND ACRES
1.22 AC
LAND SF
53,143 SF
ZONING
CP2
APN/PARCEL ID
61-510-01-79-00-0-00-000
ASK ABOUT THIS PROPERTY
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