Share This Listing

Message

956 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Absolute NNN Fee Simple Ownership – Depreciable Asset with Zero Landlord Responsibilities
  • High-Performing Operator Backed by Strong Franchisee – Guaranteed by Royal City Bell, LLC (70+ units), a subsidiary of Diversified Restaurant Group
  • Modern Construction with Drive-Thru Format – Built in 2021, the ±2,061 SF building sits on a ±0.85-acre lot and features the Taco Bell “Go Mobile"
  • Long-Term Lease with Near-Term Rent Increase – Over 16 years of remaining lease term with next scheduled increase occurring in November 2026.
  • Strategic Kansas City MSA Location – Located at the signalized intersection of US Highway 24 (±26,300 VPD) and S Sterling Ave (±8,600 VPD)
  • Surrounded by National Retailers – Positioned among strong national retailers such as McDonald’s, O’Reilly Auto Parts, Domino’s Pizza, Central Bank

Executive Summary

Broker of Record
Kyle Matthews
License No. 2022018843 (MO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,061 SF
Year Built
2021
Price
$3,413,779 CAD
Price Per SF
$1,656.37 CAD
Cap Rate
6.25%
NOI
$213,361 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.57 AC
Opportunity Zone
Yes
Frontage
312’ on South Sterling Avenue

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Taco Bell was born and raised in California and has been around since 1962. They went from selling everyone’s favorite Crunchy Tacos on the West Coast to a global brand. They're not only the largest Mexican-inspired quick service brand (QSR) in the world, they’re also part of the biggest restaurant group in the world: Yum! Brands. Much of their fan love and authentic connection with their communities are rooted in being rebels with a cause. From ensuring they use high quality, sustainable ingredients to elevating restaurant technology in ways that hasn’t been done before, they will continue to be inclusive, bold, challenge the status quo and push industry boundaries. They’re a company that celebrates and advocates for different, has bold self-expression, strives for a better future, and brings the fun while they’re at it. They fuel their culture with real people who bring unique experiences. They inspire and enable their teams and the world to Live Más.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100

Nearby Major Retailers

Sam's Southern Eatery
Pizza Shop

Property Taxes

Property Taxes

Parcel Number
14-740-23-25-00-0-00-000
Land Assessment
$45,146 CAD
Improvements Assessment
$1,055,890 CAD
Total Assessment
$1,101,036 CAD
  • Listing ID: 37240497

  • Date on Market: 2025-08-12

  • Last Updated:

  • Address: 11120 E. US Highway 24, Sugar Creek, MO 64054

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}