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TWIN PEAKS - INDEPENDENCE, MO 19821 E Jackson Dr 6,800 SF Retail Building Independence, MO 64057 $4,295,000 ($631.62/SF) 7% Cap Rate
Investment Highlights
- ABSOLUTE NNN LEASE | PERCENTAGE RENT: 4 years remaining on initial 15-year Absolute NNN lease with ATTRACTIVE CPI rental escalations every 5 years
- TENANT | EXCEPTIONALLY STRONG SALES PERFORMANCE: B3 Lodge II, LLC owns & operates five Twin Peaks locations in Kansas City & Wichita.
- Minutes from Independence Center (1,000,000+ SF super regional shopping mall), Costco, Walmart, Sam’s Club, Target, Bass Pro Shops & Lowe’s
- In addition to Base Rent, Tenant is to pay 5% of Gross Sales above the natural breakpoint.
- DOMINANT RETAIL CORRIDOR | TRAFFIC COUNTS: Well-positioned on a large ±1.66-acre lot (pad site to a 222,000 SF power center)
- AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 127,164 | Average Household Income (1MI): $106,008
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,800 SF
Building Class
B
Year Built
2002
Price
$4,295,000
Price Per SF
$631.62
Cap Rate
7%
NOI
$300,617
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.09
Lot Size
1.66 AC
Zoning
Commercial
Frontage
227’ on Jackson Dr
Amenities
- Restaurant
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- 6,800 SF
- -
- Jun 2029
Twin Peaks is so much more than the typical sports bar. This lodge welcomes every guest with World Series walk offs and barrel-aged whiskey. The second after stepping inside, customers are surrounded by a lodge full of friendly and attentive staff serving up scratch food and their signature 29° beers. Only here can they truly embrace the Lodge Mantality.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | 6,800 SF | - | Jun 2029 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-100-03-24-00-0-00-000 | Improvements Assessment | $147,123 |
| Land Assessment | $626,502 | Total Assessment | $773,625 |
Property Taxes
Parcel Number
34-100-03-24-00-0-00-000
Land Assessment
$626,502
Improvements Assessment
$147,123
Total Assessment
$773,625
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TWIN PEAKS - INDEPENDENCE, MO | 19821 E Jackson Dr
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