701 SE Melody Ln - Restaurant FOR SALE


Lee's Summit, MO 64063
$1,920,000 USD
949-345-0970
701 SE Melody Ln, Lee's Summit, MO for Sale
$1,920,000 USD
Restaurant - FOR SALE
1/6
null | 7.5% Cap Rate

701 SE Melody Ln
Lee's Summit, MO 64063


HIGHLIGHTS

  • Family-Operated Mexican Restaurant - Personally Guaranteed Lease
  • Triple Net (NNN) Lease - Ten (10.2) Years Remaining
  • Across from Lee's Summit High School - 2,000 Students
  • 20 Mins from Kansas City - 24,471 Cars Per Day
  • 99,523 Residents in 5-Miles - $136,946 AHH
  • Retail Corridor - Quik Trip, Hertz, UPS

OVERVIEW

Don Chuy’s Fresh Mex & Cantina is a family-owned Mexican restaurant group known for traditional recipes, grilled specialties, and vibrant cantina atmospheres. They have locations in KS, MO, TN and IL.

FOR SALE DETAILS

PRICE

$1,920,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Don Chuy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

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

Ian SchroederCBRE, Inc.More Info
949-345-0970

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Ian SchroederCBRE, Inc.More Info
949-345-0970

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