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700 S Kansas Ave 3,568 SF Retail Building Clinton, MO 64735 $1,814,696 CAD ($508.60 CAD/SF) 10.79% Cap Rate



INVESTMENT HIGHLIGHTS
- Low-maintenance NNN retail investment, offering a long-standing location for Applebee’s with a robust NOI of $140,273.
- Applebee's has been in the location since 2009, with 2.5 years remaining on the current lease and four, five-year renewal options at market rents.
- Recently renovated to Applebee’s current brand standards, demonstrating their commitment to the location.
- One of the highest traffic locations in the region, just off the intersection of Highway 7, 51, and 18, with visibility to over 15,000 daily cars.
- Strategically placed at the halfway point between Kansas City and Lake of the Ozarks, drawing consistent traveler demand.
EXECUTIVE SUMMARY
Discover an exceptional turnkey retail investment at 700 S Kansas Avenue. Fully occupied by Applebee’s on an absolute NNN lease, this rare offer delivers a low-maintenance acquisition with no landlord responsibilities and impressive, stable revenue.
700 S Kansas Avenue represents a long-standing location for a major franchisee with 32 total locations under its umbrella. Applebee’s has been at the property since 2009 and has recently completed renovations, demonstrating its commitment to the location. The favorable NNN lease agreement has 2.5 years remaining on the current agreement, with four options to renew for five years at market rents. Offered at an attractive 10.79% cap rate, the property generates a robust net operating income of $140,273.
Enjoying some of the highest traffic counts in the area, 700 S Kansas Avenue is strategically placed just off the intersection of Highways 7, 52, and 18. More than 15,000 vehicles pass through this signalized intersection each day, providing strong exposure to local and regional customers. The property is ideally situated to handle this elevated traffic, with two access points and on-site parking for 90 vehicles.
Clinton serves as a vital halfway point for travelers from Kansas City visiting Lake of the Ozarks, which attracts an estimated 5 million annual visitors, offering consistent demand for accessible dining options along Highway 7. Applebee’s is the only national full-service restaurant within this established retail hub, making it a popular choice for travelers. There is also a significant built-in audience of potential customers thanks to adjacent hotels, the Parkfield Inn and Hampton Inn by Hilton, with a combined 125 guest rooms.
Don’t pass up this chance to secure a high-yield retail investment that combines a low-maintenance NNN lease with a national credit tenant and a highly visible location off Clinton’s busiest intersection at 700 S Kansas Avenue. Reach out to the Platinum Realty team today to learn more about this incredible opportunity.
700 S Kansas Avenue represents a long-standing location for a major franchisee with 32 total locations under its umbrella. Applebee’s has been at the property since 2009 and has recently completed renovations, demonstrating its commitment to the location. The favorable NNN lease agreement has 2.5 years remaining on the current agreement, with four options to renew for five years at market rents. Offered at an attractive 10.79% cap rate, the property generates a robust net operating income of $140,273.
Enjoying some of the highest traffic counts in the area, 700 S Kansas Avenue is strategically placed just off the intersection of Highways 7, 52, and 18. More than 15,000 vehicles pass through this signalized intersection each day, providing strong exposure to local and regional customers. The property is ideally situated to handle this elevated traffic, with two access points and on-site parking for 90 vehicles.
Clinton serves as a vital halfway point for travelers from Kansas City visiting Lake of the Ozarks, which attracts an estimated 5 million annual visitors, offering consistent demand for accessible dining options along Highway 7. Applebee’s is the only national full-service restaurant within this established retail hub, making it a popular choice for travelers. There is also a significant built-in audience of potential customers thanks to adjacent hotels, the Parkfield Inn and Hampton Inn by Hilton, with a combined 125 guest rooms.
Don’t pass up this chance to secure a high-yield retail investment that combines a low-maintenance NNN lease with a national credit tenant and a highly visible location off Clinton’s busiest intersection at 700 S Kansas Avenue. Reach out to the Platinum Realty team today to learn more about this incredible opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,568 SF
Building Class
C
Year Built
2004
Price
$1,814,696 CAD
Price Per SF
$508.60 CAD
Cap Rate
10.79%
NOI
$195,810 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.33 AC
Zoning
C-2 - Commercial
Parking
90 Spaces (25.22 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
3,135
9,610
10,532
12,452
2029 Population
3,259
10,015
10,986
12,553
2024-2029 Projected Population Growth
4.0%
4.2%
4.3%
0.8%
Median Age
44.0
43.0
43.5
44.4
College Degree + Higher
15%
16%
16%
11%
Daytime Employees
2,067
6,746
6,917
7,082
Total Businesses
247
812
840
872
Average Household Income
$61,802
$63,460
$66,383
$70,309
Median Household Income
$45,387
$46,718
$48,014
$55,946
Total Consumer Spending
$34.4M
$104.5M
$117M
$140.9M
2024 Households
1,377
4,183
4,555
5,339
Average Home Value
$173,242
$163,001
$169,903
$233,051
$ values in USD
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-1.0-12-002-002-005.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $396,014 CAD |
PROPERTY TAXES
Parcel Number
18-1.0-12-002-002-005.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$396,014 CAD
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700 S Kansas Ave
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