ABSOLUTE NNN FOR SALE 404-406 State Hwy 110 N Whitehouse

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INVESTMENT SUMMARY
• Sale Price:
$1,875,000
• Cap Rate:
8.00%
• Building Size: 2,699 Sq. Ft.
• Land Size:
32,000sf (.70ac)
• Drive Thru:
Yes
• Date Opened: Newly Rebuilt
• NOI:
$150,000
• Lease Term:
20 years COE
• Lease Type:
Absolute NNN
• Increases:
8% increases every five years
• Options:
4 x 5 years with same increases
1010 Northern Blvd, Ste 208
Great Neck, NY 11021
PH: 516-482-0220
FX: 516-977-8555
property@parkwaygrp.com
file photo
INVESTMENT HIGHLIGHTS
Absolute Triple Net Lease; No landlord responsibility
40 unit Taco Bell operator
Located between I-35 and US Hwy 71, south of central
Kansas City
Out-parcel of Costco and Home Depot anchored shopping
center
KFC, Subway, Popeye’s Chicken and several local
restaurants are nearby
Excellent visibility & access with high traffic count
Very high household income
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors,
omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals
AREA INFORMATION
Kansas City, the largest city in Missouri, covers 318 sq. mi. and parts of four
counties It has a population of nearly half a million with a metro area over two
million people. Founded in 1838, Kansas City is famous for its jazz, blues and
KC style barbeque. It is the home of Sprint Nextel, H&R Block, Hallmark
Cards, Garmin, Russell Stover Candies and Dairy Farmers America, the
country’s largest dairy co-op.
Demographics
Population (2000 census)
Avg. HH Income
Traffic Count
Zip 64111
17,745
City
441,545
14,984 cpd
CORPORATE INFORMATION
The first Taco Bell opened in 1962 and started franchising in 1964. It was
acquired by Pepsico in 1978 when it had 868 units. Taco Bell started free drink
refills in ’88 and by 2002 it became part of Yum! Brands, Inc. with Long John
Silvers, A&W, KFC and Pizza Hut.
In 2004, Taco Bell launched its “Think Outside the Bun” campaign and became
the “official quick service restaurant” of Major League Baseball. Today, Taco
Bell serves more than two billion people in over 5,800 restaurants, world wide.
80% of Taco Bells are franchisee owned and operated.
1010 Northern Blvd, Ste 208
Great Neck, NY 11021
PH: 516-482-0220
FX: 516-977-8555
property@parkwaygrp.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors,
omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals
Fantastik
Plastiks
1010 Northern Blvd,
Ste 208
Great Neck, NY 11021
PH: 516-482-0220
FX: 516-977-8555
property@parkwaygrp.com
Foreign Language
Elementary
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors,
omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals
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