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Popeyes 19510 E Us Highway 40 2,157 SF Retail Building Independence, MO 64055 $2,575,585 CAD ($1,194.06 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Triple Net (NNN) Lease
- Strong Access to E US Hwy 40
- Dense Retail Corridor
- Proximity to Kansas City
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Popeyes located at 19510 East US Highway 40, Independence, MO, 64055. The site consists of roughly 2,193 rentable square feet of building space on an estimated 0.66-acre parcel of land. This Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 12/23/2013. The current annual rent is $110,762 (as of 1/1/2026) and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,157 SF
Building Class
C
Year Built
2005
Price
$2,575,585 CAD
Price Per SF
$1,194.06 CAD
Cap Rate
6%
NOI
$154,535 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.68 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 34-540-09-02-00-0-00-000 | Improvements Assessment | $386,415 CAD |
| Land Assessment | $158,629 CAD | Total Assessment | $545,043 CAD |
PROPERTY TAXES
Parcel Number
34-540-09-02-00-0-00-000
Land Assessment
$158,629 CAD
Improvements Assessment
$386,415 CAD
Total Assessment
$545,043 CAD
CONTACTS
-
Alexandre Marietto -
Kyle Karsian -
John McHugh -
Christopher Marks -
Glen Kunofsky -
Surmount
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Popeyes | 19510 E Us Highway 40
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