9110 NW 64th st - Restaurant FOR SALE


Parkville, MO 64152
$1,905,000 USD
949-662-1277
9110 NW 64th st, Parkville, MO for Sale
$1,905,000 USD
Restaurant - FOR SALE
1/4
null | 5.25% Cap Rate

9110 NW 64th st
Parkville, MO 64152


HIGHLIGHTS

  • Kansas City MSA
  • Prime Highway Retail Location
  • Strong Store Performance
  • Complementary Community Drivers
  • New Construction Drive-Thru QSR
  • Absolute NNN Ground Lease

OVERVIEW

Northmarq, on behalf of ownership as its exclusive advisor, is pleased to present the opportunity to acquire the leased fee interest in the Whataburger property located at 9110 NW 64th Street in Parkville, MO (“Property”). The Property is subject to a newly executed absolute NNN ground lease with Whataburger, a nationally recognized quick-service restaurant brand with over 1,000 locations nationwide. The Property is strategically positioned within the Kansas City MSA, one of the largest metropolitan areas in the Midwest with approximately 2.3 million residents. The site features frontage along Tom Watson Parkway, which sees approximately 14,000+ vehicles per day, providing strong visibility and accessibility for local and commuter traffic. The Property is located within an established commercial corridor and is surrounded by complementary retail and community demand drivers including Scooter’s Coffee, Dairy Queen, Walgreens, and Graden Elementary School, which collectively support consistent consumer traffic and long-term demand. Additionally, the site is located approximately 15 minutes from Kansas City International Airport, a major regional transportation hub that supports ongoing economic activity and regional accessibility. According to Placer.ai, the location reports approximately 159,900 annual visits and $2.1 million in annual sales, demonstrating steady customer traffic and consistent operating performance. The surrounding retail concentration, community uses, and regional connectivity reinforce the strength of the trade area and support continued quick-service restaurant demand. Built as a modern drive-thru quick-service restaurant, the Property supports long-term tenant retention and future re-tenanting flexibility. The absolute NNN ground lease provides investors with a passive investment structure, with the tenant responsible for all property expenses and maintenance, resulting in zero landlord responsibilities and stable net income.

FOR SALE DETAILS

PRICE

$1,905,000 USD

PRICE/SF

$575 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

B3

APN/PARCEL ID

20-60-23-400-003-005-000

ASK ABOUT THIS PROPERTY

Brett ButlerNorthmarqMore Info
949-662-1277

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Brett ButlerNorthmarqMore Info
949-662-1277

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