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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., Realtors In the Skelly Building on the Country Club Plaza 605 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 Traffic counts over 76,000 cars per day on I-70 Traffic 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 Block 816.412.7400 [email protected] TRIPLE NET LEASE REAL ESTATE INVESTMENT I-70 & 7 Highway, Blue Springs, Missouri GREATER KANSAS CITY SUBURB WINSTEAD’S RESTAURANT - FOR SALE Just Listed - First Time Offered on the Open Market! EXCLUSIVE!
Transcript

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

[email protected]

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

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Wi n s t e a d ’sB l u e S p r i n g’s M O

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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

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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


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