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1100 E North Ave

6,799 SF Retail Building Belton, MO 64012 $5,811,627 CAD ($855 CAD/SF) 5% Cap Rate

Executive Summary

NNN Investment Property For Sale
Jose Pepper's on Shopping Center Pad Site
New Long Term Lease
6,799 Sq Ft Freestanding Building on 1.68 Acres | NEW LISTING
The property is located on a shopping center pad with Target, Home Depot, Kohl's, and many others
Belton/Raymore is a fast growing/strong residential area and one of the hottest growth areas in Greater Kansas City, Missouri
Jose Pepper's has 14 locations throughout Greater Kansas City and continues to expand. Current locations include Lee's Summit, Kansas City, and Belton in Missouri, and Wichita, Topeka, Overland Park, Shawnee, Olathe, Kansas City, and Mission in Kansas
This location has been open since 2008 and is one of the highest volume restaurants in the chain
Jose Pepper's just signed a new 10 year lease in 2017 - 6.8% CAP Rate

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,799 SF
Building Class
C
Year Built
2003
Price
$5,811,627 CAD
Price Per SF
$855 CAD
Cap Rate
5%
NOI
$290,581 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.09
Land Acres
1.68 AC
Parking
48 Spaces (7.33 Spaces per 1,000 SF Leased)
Frontage
293 ft on North Ave

Amenities

  • Pylon Sign

Nearby Major Retailers

Starbucks
Hy-Vee
ALDI
Buffalo Wild Wings
Longhorn Steakhouse
Applebee's
McAllister's Deli
Hawaiian Bros Island Grill
Planet Fitness
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1479811
Land Assessment
$149,373 CAD
Improvements Assessment
$430,911 CAD
Total Assessment
$580,284 CAD
  • Listing ID: 15276693

  • Date on Market: 2019-02-25

  • Last Updated:

  • Address: 1100 E North Ave, Belton, MO 64012

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