triple net lease real estate investment - loopnetimages1.loopnet.com/d2/dopszfseg9ydwg9... ·...
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All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
For Information Contact:BLOCK & COMPANY, INC., RealtorsIn the Skelly Building on the Country Club Plaza605 West 47th Street, Suite 200, Kansas City, Missouri 64112
816.753.6000
4,220 sq ft building on a 50,143 sf ft lot
Excellent access and visibility to I-70 and 7 Highway
With 9 current locations, Winstead’s has been one of the most popular restaurant chains in the metro area opening in1940
Traffi c counts over 76,000 cars per day on I-70
Traffi c counts over 38,000 cars per day on 7 Highway
One of the best locations in eastern Jackson County
Estimated Population 80,068
Average Household Income$82,698
Five Mile Radius
David [email protected]
TRIPLE NET LEASE REAL ESTATE INVESTMENTI-70 & 7 Highway, Blue Springs, Missouri
GREATER KANSAS CITY SUBURB
WINSTEAD’S RESTAURANT - FOR SALE Just Listed - First Time Off ered on the Open Market!
EXCLUSIVE!
BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Winstead’s Restaurant | REAL ESTATE FOR SALE Absolute Triple Net Lease Real Estate Investment
905 NW 7 Highway, Blue Springs, Missouri | A GREATER KANSAS CITY SUBURBCONFIDENTIAL
INVESTMENT SUMMARYBlue Springs, MO
Address: 905 N. 7 Highway, Blue Springs, MO
Location: I-70 & N. 7 Highway (SWC)
Tenant: Winstead’s Restaurant (Parent Co.)
Building Size: 4,220 Sq Ft
Lot Size: 50,143 Sq Ft
Zoning: C-2, General Business
Lease Type: Absolute Triple Net
Lease Info:
Original 20 year lease with two 5 year options
Lease Start Date: 2/16/2005Lease End Date: 2/16/2025
- Rent increases 10% every 5 years including options- Next rent increase on 3/1/2020- No percentage rent
Price: $1,815,000
CAP Rate 8% (all cash at closing)
FOR MORE INFORMATION CONTACT
David M. Block816.412.7400
Exclusive Broker for Seller
BROKERS MUST BE PAID BY THE BUYER
BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
905 NW 7 Highway, Blue Springs, Missouri
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S I T ES I T E
BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
KCI Airport
Chiefs & RoyalsStadiums
Worlds of Fun
KansasSpeedway
LEGOLAND
Wi n s t e a d ’sB l u e S p r i n g’s M O
GREAT MALL OF THE GREAT PLAINS
CORBIN PARK
TOWN CENTER PLAZA
OAK PARK MALL METCALF SOUTH
WARD PARKWAY CENTER
RAYMORE GALLERIA
COUNTRY CLUB PLAZA
SUMMIT WOODSSUMMIT FAIR
INDEPENDENCE CENTER
BASS PRO CENTER
CROWN CENTER
POWER & LIGHT DISTRICT
THE LEGENDS
PLAZA AT THE SPEEDWAY
ZONA ROSAMETRO NORTH
SHOPPES AT SHOAL CREEKPLAZA AT SHOAL CREEK
BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
IndependenceIndependenceIndependenceIndependenceIndependenceIndependenceIndependenceIndependenceIndependence
Blue SpringsBlue SpringsBlue SpringsBlue SpringsBlue SpringsBlue SpringsBlue SpringsBlue SpringsBlue Springs
Grain ValleyGrain ValleyGrain ValleyGrain ValleyGrain ValleyGrain ValleyGrain ValleyGrain ValleyGrain Valley
NEW
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NW LAKEWOOD BLVD
RENAURD
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LAKE CITY BUCKNER RD W
NW PINK HILL RDNE PINK HILL RD
LAKE CITY RD
E TRUMAN RD
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NW ASHTON DR
NW R D MIZE RD
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STATE HWY AAE R D MIZE RD
US HWY 40
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SALISBURY RD
PLEA
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CPL M E WEBSTER MEM PKY
E 39TH ST S
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NE LAKEWOOD BLVD
WOODS CHAPEL RD
I-470
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NW DUNCAN RD
5.00 Miles
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Interstate 70 & 7 Highway
Blue Springs, Missouri
January 2010
Lat: 39.0302 Lon: -94.2718 Zoom: 11 m
i Logos are for identification purposes only and may be tradem
arks of their respective companies.
©2010, SITES USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.
This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Demographic Source: Applied Geographic Solutions 04/2016, TIGER Geography page 1 of 1©2016, Sites USA, Chandler, Arizona, 480-491-1112
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SUMMARY PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 39.0282/-94.2723RS1
905 NW 7 Highway1 mi radius 3 mi radius 5 mi radius
Blue Springs, MO 64015
PO
PU
LATI
ON
2016 Estimated Population 8,636 51,746 80,068
2021 Projected Population 8,706 52,134 80,599
2010 Census Population 8,629 52,058 79,577
2000 Census Population 8,498 48,159 64,831
Projected Annual Growth 2016 to 2021 0.2% 0.1% 0.1%
Historical Annual Growth 2000 to 2016 0.1% 0.5% 1.5%
2016 Median Age 38 35.6 35.4
HO
US
EH
OLD
S
2016 Estimated Households 3,656 19,673 30,434
2021 Projected Households 3,743 20,175 31,161
2010 Census Households 3,575 19,391 29,662
2000 Census Households 3,451 17,417 23,455
Projected Annual Growth 2016 to 2021 0.5% 0.5% 0.5%
Historical Annual Growth 2000 to 2016 0.4% 0.8% 1.9%
RA
CE
AN
DE
THN
ICIT
Y
2016 Estimated White 86.0% 87.4% 88.1%
2016 Estimated Black or African American 6.9% 5.9% 5.6%
2016 Estimated Asian or Pacific Islander 1.9% 1.7% 1.7%
2016 Estimated American Indian or Native Alaskan 0.5% 0.4% 0.4%
2016 Estimated Other Races 4.8% 4.5% 4.2%
2016 Estimated Hispanic 5.1% 5.0% 4.9%
INC
OM
E 2016 Estimated Average Household Income $79,376 $80,371 $82,698
2016 Estimated Median Household Income $55,399 $66,175 $68,327
2016 Estimated Per Capita Income $33,653 $30,577 $31,461
ED
UC
ATI
ON
(AG
E 2
5+)
2016 Estimated Elementary (Grade Level 0 to 8) 1.9% 1.0% 0.9%
2016 Estimated Some High School (Grade Level 9 to 11) 4.4% 4.3% 4.4%
2016 Estimated High School Graduate 30.4% 28.7% 29.5%
2016 Estimated Some College 26.3% 27.4% 26.7%
2016 Estimated Associates Degree Only 7.3% 7.1% 7.2%
2016 Estimated Bachelors Degree Only 18.0% 19.7% 19.4%
2016 Estimated Graduate Degree 11.8% 11.9% 12.0%
BU
SIN
ES
S 2016 Estimated Total Businesses 822 2,056 3,188
2016 Estimated Total Employees 8,871 21,034 33,925
2016 Estimated Employee Population per Business 10.8 10.2 10.6
2016 Estimated Residential Population per Business 10.5 25.2 25.1