706 S Main St - Fast Food FOR SALE
Grain Valley, MO 64029 |
$1,688,947 USD
602-625-8338
706 S Main St
Grain Valley, MO 64029
HIGHLIGHTS
- Absolute NNN with zero landlord responsibilities on a long-term lease with over 9 years remaining
- 10% increases every 5 years
- Soar Restaurants II LLC is part of Soar QSR, a large SONIC franchisee, operating approximately 190 locations across 20 states
- Located within the Kansas City MSA with an estimated population of over 2.2 million residents as of 2024
- Nearby tenants include Advance Auto, Price Chopper, McDonald’s, Taco Bell, Casey’s, Papa John’s, Burger King, Starbucks, and Culver’s
- ±16 miles from the Truman Sports Complex, which houses GEHA Field at Arrowhead Stadium and Kauffman Stadium, home to the NFL’s Chiefs and MLB’s Royals
OVERVIEW
Retail Investment Group is pleased to offer for sale this Sonic in Grain Valley, Missouri. This opportunity features an absolute NNN lease with more than 9 years remaining. Built in 1997, this Sonic has been operating at this location for approximately 28 years. This ±1,404-square-foot building sits on a ±0.70-acre lot.
Operated by the 3rd Largest Sonic Franchisee with 190+ locations. There are 107 Units in this entity.
Brian Brockman - Broker
Lic: 2017032771
Bang Realty-Missouri Inc
513.898.1551
bor@bangrealty.com
FOR SALE DETAILS
PRICE
$1,688,947 USD
PRICE/SF
$1,203 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sonic Drive-In
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.7 AC
LAND SF
30,492 SF
ZONING
-
APN/PARCEL ID
37-820-03-24-00-0-00-000
ASK ABOUT THIS PROPERTY
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602-625-8338
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602-625-8338
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