4641 S Cochise Dr - Restaurant FOR SALE


Independence, MO 64055- 39th East
$2,650,000 USD
602-418-2197
4641 S Cochise Dr, Independence, MO for Sale
$2,650,000 USD
Restaurant - FOR SALE
1/9
null | 6.55% Cap Rate

4641 S Cochise Dr
Independence, MO 64055
39th East


HIGHLIGHTS

  • Franchisee Guaranteed Lease | Options To Extend | Below Market Rent
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Across From Costco and Lowe’s Anchored Center | Independence Center | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Slim Chickens investment property located in Independence, Missouri. The tenant, Slim Chickens, has over 13 years of initial term remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.5% annual rental increases beginning in 2027 that extend throughout the remainder of the initial term and throughout each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$832 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Slim Chickens | 13+yrs Abs NNN w/ Annual Incr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

C-2

APN/PARCEL ID

34-520-01-08-00-0-00-000

ASK ABOUT THIS PROPERTY

Gregory WhiteCBRE, Inc.More Info
602-418-2197

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Gregory WhiteCBRE, Inc.More Info
602-418-2197

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