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241 N Cedar St
Belton, MO 64012
Retail Property For Sale

Investment Highlights

  • Absolute NNN ground lease structure minimizes landlord obligations.
  • Approximately 15 years of lease term remaining.
  • Brand-new purpose-built Valvoline facility completed in 2026.
  • Located along N. Cedar Street with visibility to approximately 11,800 VPD.

Executive Summary

Valvoline at 241 N. Cedar Street presents an opportunity to acquire a newly constructed, single-tenant net lease investment occupied by a nationally recognized automotive service provider. The property is subject to an absolute NNN ground lease with approximately 15 years of remaining term and four 5-year renewal options featuring scheduled rent increases, providing a long-term income stream with limited landlord responsibilities.
The asset is strategically positioned along North Cedar Street in Belton, Missouri, as an outparcel to Price Chopper within an established retail corridor. The location benefits from visibility along a heavily traveled commercial route with approximately 11,800 vehicles per day and convenient connectivity to Interstate 49, supporting customer accessibility and ongoing retail demand. The surrounding trade area includes numerous national retailers and restaurants, including Walmart, Home Depot, Lowe’s, Academy Sports, Starbucks, Panera, McDonald’s, Chipotle, Raising Cane’s, and other prominent consumer brands that contribute to consistent traffic throughout the corridor.
Valvoline is a publicly traded company (NYSE: VVV) and one of North America's leading providers of preventive automotive maintenance services. The company operates thousands of locations across the United States and Canada and continues to expand its retail footprint through new development and franchise growth. The property's modern, purpose-built design and recent construction help minimize near-term capital expenditure requirements while positioning the asset to serve the growing Kansas City metropolitan area's southern submarkets.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
1,674 SF
Building Class
C
Year Built
2026
Price
$1,378,940 CAD
Price Per SF
$823.74 CAD
Cap Rate
5%
NOI
$68,947 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
0.87 AC

Property Taxes

Property Taxes

Parcel Number
1479709
Land Assessment
$24,848 CAD
Improvements Assessment
$0 CAD
Total Assessment
$24,848 CAD
  • Listing ID: 41862163

  • Date on Market: 2026-08-24

  • Last Updated:

  • Address: 241 N Cedar St, Belton, MO 64012

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