1105 NW State Route 7, Blue Springs, MO, 64014
Property Details
-
Price:
$2,105,000
-
Property Type:
Retail
-
Availability:
Available
-
Transaction Type:
For Sale
-
Cap Rate:
6.65%
-
Lot Size:
0.94 AC
-
Lease Type:
Absolute NNN
-
Year Built:
2022
-
Parking:
58
-
Tenancy:
Single Tenant
-
Available SF:
3,500 SF
Property Description
- New 11-Year Absolute NNN Lease, Zero Landlord Responsibilities
- Brand New 2022 Construction with Drive-Thru
- Projected Unit-Level Sales of $2.31M, Equating to a 6.06% Rent to Sales Ratio
- Experienced Restaurant Operator, Formerly a McDonald’s Franchisee
- Just Off I-70 with Access and Visibility to 101,484 VPD
- 91,870 Residents in Growing Trade Area, 8th Fastest Growing City in Missouri (2010-2020)
- Average Household Income of $107,749 in 5-Mile Radius
- 1 Mile to St. Mary’s Medical Center, a 146-Bed Facility with 886 Employees, the 2nd Largest Employer in Blue Springs
- Minutes to Adams Dairy Landing, a 552,000 SF Power Center Anchored by Target, Kohl’s, TJ Maxx and Ross
- Surrounded by Several K-12 Schools with 14,500 Combined Students
- Kansas City Boasts a Highly Educated Workforce, Favorable Unemployment Rate of 2.7%
- 20 Minutes to Downtown Kansas City, 40 Minutes to Kansas City International Airport (Opening 2023)
- 2.3 Million Residents in Kansas City Metro, One of the Largest in the Midwest
- 36 Colleges within 50 Miles of Blue Springs with 111,409 Total Enrollment
Financial Summary
Investment Highlights
| Price |
$0.00 |
| Price / Unit |
$0.00 |
| Gross Rent Multiplier |
0.00 |
| Proposed Loan Amount |
$0.00 |
| Initial Investment |
$0.00 |
Income & Expenses
Expense
|
Potential
|
Current
|
Total Expenses
|
$ 0.00
|
$ 0.00
|
| Net Operating Income |
$0.00 |
$0.00 |
| Less Debt Service |
$0 |
$0 |
| Potential Net Cash Flow |
$0.00 |
$0.00 |
| Cash on Cash Return |
0.00 % |
0.00 % |
| Capitalization Rate |
0.00 % |
0.00 % |
Rent Roll
Unit
|
BR/BA
|
Current Monthly Rent
|
Potential Monthly Rent
|
Status
|
Lease Expires
|
Totals
|
$ 0.00
|
$ 0.00
|
