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Popeyes 19510 E Us Highway 40 2,157 SF Retail Building Independence, MO 64055 $1,846,033 ($855.83/SF) 6% Cap Rate
Investment Highlights
- Absolute Triple Net (NNN) Lease
- Strong Access to E US Hwy 40
- Dense Retail Corridor
- Proximity to Kansas City
Executive Summary
Surmount is pleased to present the exclusive listing for a Popeyes located at 19510 East US Highway 40, Independence, MO, 64055. The site consists of roughly 2,193 rentable square feet of building space on an estimated 0.66-acre parcel of land. This Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 12/23/2013. The current annual rent is $110,762 (as of 1/1/2026) and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,157 SF
Building Class
C
Year Built
2005
Price
$1,846,033
Price Per SF
$855.83
Cap Rate
6%
NOI
$110,762
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.68 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-540-09-02-00-0-00-000 | Improvements Assessment | $276,960 |
| Land Assessment | $113,696 | Total Assessment | $390,656 |
Property Taxes
Parcel Number
34-540-09-02-00-0-00-000
Land Assessment
$113,696
Improvements Assessment
$276,960
Total Assessment
$390,656
Contacts
-
Alexandre Marietto -
Kyle Karsian -
John McHugh -
Christopher Marks -
Glen Kunofsky -
Surmount
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Popeyes | 19510 E Us Highway 40
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