1191 Landmark Ave - Fast Food FOR SALE


Liberty, MO 64068
$5,369,000 USD
214-643-6097
1191 Landmark Ave, Liberty, MO for Sale
$5,369,000 USD
Fast Food - FOR SALE
1/11
null | 7.25% Cap Rate

1191 Landmark Ave
Liberty, MO 64068


HIGHLIGHTS

  • 14 years remaining on initial 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years!
  • As of June 2024, Hawaiian Bros owns & franchises more than 56 restaurants serving the Aloha Spirit in nine states across America
  • Well-positioned in dominant retail corridor - hard corner & positioned on a large ±1.52-acre lot on the NEC intersection with great visibility
  • Infill location with impressive double stack drive-thru with innovative additional drive-thru for mobile order pickups!
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 83,219 | Average Household Income (1-MI): $138,202
  • Traffic counts of 86,155 CPD!

OVERVIEW

Hawaiian Bros has 14 years remaining on initial 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years! As of June 2024, Hawaiian Bros owns & franchises more than 56 restaurants serving the Aloha Spirit in nine states across America. The Asset is Well-positioned in dominant retail corridor - hard corner & positioned on a large ±1.52-acre lot on the NEC intersection with great visibility on Rte 291 & W Kansas St with traffic counts of 86,155 CPD! It is an Infill location with impressive double stack drive-thru with innovative additional drive-thru for mobile order pickups! Nearby retailers include Walmart, Target, Sam’s Club, Lowe’s, Home Depot, Sutherlands, Hobby Lobby, Kohl’s, Dick’s Sporting Goods, Academy Sports + Outdoors, Ross Dress for Less, T.J. Maxx, HomeGoods, Michaels, Best Buy, Five Below, Kirkland’s Home, Ulta Beauty, Sally Beauty, PetSmart, Petco, Pet Supplies, Plus, Office Depot, JCPenney, Play It Again Sports, ALDI, Cosentino’s Price Chopper, Sprouts Farmers Market, Hy-Vee Grocery, Total Wine & More, Dollar Tree, B&B Theatres, and Genesis Health Clubs. It is 2.5 miles from William Jewell College - a private, 4-year liberal arts college offering academic majors & pre-professional programs with 1,082 students; 10 miles from Midwestern Baptist Theological Seminary (MBTS) - a private Baptist seminary, affiliated with the Southern Baptist Convention, offering a variety of graduate & other graduate degrees serving 5,500 students. 3 miles from Liberty Hospital - a facility with more than 2,000 employees & 330 physicians with 204 inpatient beds providing level 2 trauma, heart attack & stroke care, neonatal care, oncology & cardiothoracic & brain surgeries.

FOR SALE DETAILS

PRICE

$5,369,000 USD

PRICE/SF

$1,207 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HAWAIIAN BROS – LIBERTY, MO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

C

APN/PARCEL ID

14-316-00-05-003.00

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.