1105 NW State Route 7, Blue Springs, MO, 64014
Property Details
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Price:
$2,105,000
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Property Type:
Retail
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Availability:
Available
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Transaction Type:
For Sale
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Cap Rate:
6.65%
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Lot Size:
0.94 AC
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Lease Type:
Absolute NNN
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Year Built:
2022
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Parking:
58
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Tenancy:
Single Tenant
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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
|