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4030 S Noland Rd
Independence, MO 64055
Hawaiian Bros - Independence, MO · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • New 20-Year, Absolute NNN Corporate Sale-Leaseback
  • Established Retail Hub Adjacent to Walmart, Lowe’s, and Aldi
  • Rapidly Expanding Fast-Casual Tenant
  • Strong Store-Level Performance | Healthy Rent Coverage
  • Second-Largest City in the Kansas City Metro

EXECUTIVE SUMMARY

SHOP Companies is pleased to offer for sale the Hawaiian Bros, located at 4030 S Noland Road in Independence, Missouri, structured as a 20-year, absolute NNN corporate sale-leaseback with Hawaiian Bros Inc.
This location ranks among the brand’s early corporate stores and serves the Kansas City metropolitan area’s eastern corridor. The new lease will be executed at closing, with a 20-year base term and 10% rent escalations every five years, including all four 5-year renewal options.
The property is positioned along Noland Road, a major retail artery less than one-half mile from Interstate 70, and surrounded by leading national tenants such as Walmart, Lowe’s, Aldi, CVS, Arby’s, and Applebee’s. It sits within a well-established commercial district that benefits from strong regional traffic and proximity to GEHA Field at Arrowhead Stadium and Kauffman Stadium, together drawing more than 1.7 million annual visitors.
Independence, the fifth-largest city in Missouri, anchors a diverse economy led by healthcare, manufacturing, and retail sectors. The community maintains a large, stable population base and continues to see reinvestment along key transportation corridors connecting to downtown Kansas City.
The Independence Hawaiian Bros demonstrates healthy rent-to-sales ratios and consistent unit-level performance, contributing to the chain’s continued expansion. The brand currently operates 65+ restaurants across 10 states, with over 250 additional locations committed through multi-unit franchise agreements nationwide.
This offering represents the opportunity to acquire a corporate-operated, long-term net lease with one of the fastest-growing restaurant concepts in the country, located in a mature and highly trafficked Kansas City submarket.
In Association with ParaSell, Inc. | A Licensed Missouri Broker #2019035835

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Retail
Building Size
3,665 SF
Building Class
B
Year Built/Renovated
1981/2021
Price
$4,813,011 CAD
Price Per SF
$1,313.24 CAD
Cap Rate
6.50%
NOI
$312,846 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.98 AC
Zoning
C2, Independence
Parking
42 Spaces (11.46 Spaces per 1,000 SF Leased)
Frontage
176’ on NOLAND RD

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-230-01-57-00-0-00-000
Land Assessment
$250,383 CAD
Improvements Assessment
$525,122 CAD
Total Assessment
$775,505 CAD
  • Listing ID: 38173225

  • Date on Market: 2025-10-22

  • Last Updated:

  • Address: 4030 S Noland Rd, Independence, MO 64055

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