Harrisonville, MO 64701

Whataburger Ground Lease

Property Address

1705 Route 291, Harrisonville, MO, USA

Offering Summary

  • Price: $2,190,000
  • Lot Size: 1.72 Acres
  • Cap Rate: 5.25%
  • Year Built: 2024
  • Building SF: 3,787
  • Status: Available
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  • 15-Year Absolute Triple-Net (NNN) Corporate Ground Lease
  • Brand New High-Quality 2024 Construction with a Drive-Thru | Scheduled to Open within 30 Days
  • 10% Rental Increases Every 5 Years Throughout the Initial Term with Multiple Renewal Options
  • Excellent Frontage and Accessibility Along Route 291 with Immediate Access to Interstate 49, Providing a Direct Route to Kansas City
  • 34,289 Residents within a 10-Mile Radius in the Kansas City MSA
  • Less Than 1 Mile to Cass Regional Medical Center, a 38,000-SF Facility that Underwent a $2.1 Million Expansion and Renovation Project in 2023
  • Dense Retail Corridor Location Across from Walmart and Surrounding by National Tenants: McDonald's, Starbucks, Dollar Tree, and More
  • Average Household Income Exceeds $94,000 within 10 Miles

Broker Information