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1901 E North Ave
Belton, MO 64012
Retail Property For Sale
Investment Highlights
- 10 Year Abs. NNN Ground Lease with Darden Corporate Guaranty
- 2026 Construction; Opening April 15, 2026
- 130 Parking Spaces
- 1.79 Acre Lot
- Only Olive Garden Restaurant within 10 Mile Radius
- Immediate Access to SH 58 and I 49 (+56,000 VPD)
Executive Summary
2026 construction Olive Garden in Belton, M0. The 10-year Abs. NNN Ground Lease has (4) 5-year renewal options with 10% increases every 5-years. Olive Garden opens April 15, 2026 and occupies a 1.79 acre parcel with 130 parking spaces.
The property is situated between North Cass Shopping Center and Cedar Tree Shopping Center, at the Southwest corner of SH-58 and I-49. Olive Garden's location provides excellent access to both I-49 (VPD 56,099) and SH-58 (VPD 31,138). This is the only Olive Garden within a 10-mile radius.
Olive Garden sits in the center of a dense retail trade area, adjacent to Walmart, Sam's Club, Home Depot, Target, Tractor Supply, Lowe's, and various restaurant groups. The demographics in the 5-mile radius include a population of 65,591 with a household income of $128,629.
The property is situated between North Cass Shopping Center and Cedar Tree Shopping Center, at the Southwest corner of SH-58 and I-49. Olive Garden's location provides excellent access to both I-49 (VPD 56,099) and SH-58 (VPD 31,138). This is the only Olive Garden within a 10-mile radius.
Olive Garden sits in the center of a dense retail trade area, adjacent to Walmart, Sam's Club, Home Depot, Target, Tractor Supply, Lowe's, and various restaurant groups. The demographics in the 5-mile radius include a population of 65,591 with a household income of $128,629.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,501 SF
Building Class
B
Year Built
2026
Price
$4,168,887 CAD
Price Per SF
$641.27 CAD
Cap Rate
5.40%
NOI
$225,120 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.79 AC
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