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Whataburger 9110 NW 64th st 3,311 SF Retail Building Parkville, MO 64152 $2,706,834 CAD ($817.53 CAD/SF) 5.25% Cap Rate



Investment Highlights
- Kansas City MSA
- Strong Store Performance
- New Construction Drive-Thru QSR
- Prime Highway Retail Location
- Complementary Community Drivers
- Absolute NNN Ground Lease
Executive Summary
Northmarq, on behalf of ownership as its exclusive advisor, is pleased to present the opportunity to acquire the leased fee interest in the Whataburger property located at 9110 NW 64th Street in Parkville, MO (“Property”). The Property is subject to a newly executed absolute NNN ground lease with Whataburger, a nationally recognized quick-service restaurant brand with over 1,000 locations nationwide. The Property is strategically positioned within the Kansas City MSA, one of the largest metropolitan areas in the Midwest with approximately 2.3 million residents. The site features frontage along Tom Watson Parkway, which sees approximately 14,000+ vehicles per day, providing strong visibility and accessibility for local and commuter traffic. The Property is located within an established commercial corridor and is surrounded by complementary retail and community demand drivers including Scooter’s Coffee, Dairy Queen, Walgreens, and Graden Elementary School, which collectively support consistent consumer traffic and long-term demand. Additionally, the site is located approximately 15 minutes from Kansas City International Airport, a major regional transportation hub that supports ongoing economic activity and regional accessibility. According to Placer.ai, the location reports approximately 159,900 annual visits and $2.1 million in annual sales, demonstrating steady customer traffic and consistent operating performance. The surrounding retail concentration, community uses, and regional connectivity reinforce the strength of the trade area and support continued quick-service restaurant demand. Built as a modern drive-thru quick-service restaurant, the Property supports long-term tenant retention and future re-tenanting flexibility. The absolute NNN ground lease provides investors with a passive investment structure, with the tenant responsible for all property expenses and maintenance, resulting in zero landlord responsibilities and stable net income.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,311 SF
Building Class
C
Year Built
2023
Price
$2,706,834 CAD
Price Per SF
$817.53 CAD
Cap Rate
5.25%
NOI
$142,091 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.54 AC
Zoning
B3 - Community Shopping District
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-60-23-400-003-005-000 | Improvements Assessment | $416,447 CAD |
| Land Assessment | $152,136 CAD | Total Assessment | $568,582 CAD |
Property Taxes
Parcel Number
20-60-23-400-003-005-000
Land Assessment
$152,136 CAD
Improvements Assessment
$416,447 CAD
Total Assessment
$568,582 CAD
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Whataburger | 9110 NW 64th st
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