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Slim Chickens 8700 Long St 2,992 SF Retail Building Lenexa, KS 66215 $4,327,352 CAD ($1,446.31 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Triple Net (NNN) Lease
- High-Traffic Corridor
- Drive-Thru Equipped This Slim Chickens location includes a drive-thru, an essential feature in today’s quick-service restaurant market
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Slim Chickens located at 8700 Long Street, Lenexa, KS 66215. The site consists of roughly 2,992 rentable square feet of building space on an estimated 0.97-acre parcel of land. This Slim Chickens is subject to a 20-year Triple Net (NNN) lease, which commenced 10/17/2017. The current annual rent is $217,096 and has scheduled increases of 1.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,992 SF
Building Class
B
Year Built
2017
Price
$4,327,352 CAD
Price Per SF
$1,446.31 CAD
Cap Rate
7%
NOI
$303,049 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.97 AC
Opportunity Zone
Yes
Zoning
CP2
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | IF241234-3072 | Improvements Assessment | $469,525 CAD |
| Land Assessment | $194,933 CAD | Total Assessment | $664,458 CAD |
PROPERTY TAXES
Parcel Number
IF241234-3072
Land Assessment
$194,933 CAD
Improvements Assessment
$469,525 CAD
Total Assessment
$664,458 CAD
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Slim Chickens | 8700 Long St
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