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1100 E North Ave 6,799 SF Retail Building Belton, MO 64012 $5,671,899 CAD ($834.23 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in a fast growing/strong residential area.
- Belton/Raymore is a fast growing/strong residential area and one of the hottest growth areas in Greater Kansas City.
- The property is located on a shopping center pad with Target, Home Depot, Kohl’s, and many others.
- Jose Pepper’s signed a new 10 year lease in 2017 - 5% CAP Rate.
EXECUTIVE SUMMARY
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. NNN Investment Property For Sale Jose Pepper's on Shopping Center Pad Site New Long Term Lease. This location has been open since 2008 and is one of the highest volume restaurants in the chain.
Wichita, Topeka, Overland Park, Shawnee, Olathe, Kansas City, and Mission in Kansas. NNN Investment Property For Sale Jose Pepper's on Shopping Center Pad Site New Long Term Lease. This location has been open since 2008 and is one of the highest volume restaurants in the chain.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,799 SF
Building Class
C
Year Built
2003
Price
$5,671,899 CAD
Price Per SF
$834.23 CAD
Cap Rate
5%
NOI
$283,595 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.09
Lot Size
1.68 AC
Zoning
C - Commercial
Parking
48 Spaces (7.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1479811 | Improvements Assessment | $449,712 CAD |
| Land Assessment | $163,388 CAD | Total Assessment | $613,100 CAD |
PROPERTY TAXES
Parcel Number
1479811
Land Assessment
$163,388 CAD
Improvements Assessment
$449,712 CAD
Total Assessment
$613,100 CAD
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1100 E North Ave
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