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2909 Burlington St
North Kansas City, MO 64116
IHOP - New 25 Year Absolute-Net Lease · Retail Property For Sale
Investment Highlights
- Absolute-Net (Zero Landlord Responsibilities): New 25 Year Lease with 7.5% Rental Increases Every 5 Years Including the Three, 5 Year Options.
- Apartments within Walking Distance: The Gardens at Northgate Village (385 Units) & CityView Apartments (246 Units) are both Located Directly Behind IH
- Prominent Location & Excellent Visibility: IHOP has Frontage on Off North Oak Freeway Which Oversees 12,800+ Vehicles Per Day.
- Experienced Operator: 45 Years of Industry Experience Operating Brands in Five Different States: Louisiana, Mississippi, Kansas, Missouri, Colorado, &
- Near Major High School: North Kansas City High School has Over 1,900+ Students and 150+ Employees Less Than 1-Mile from IHOP.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,658 SF
Building Class
C
Year Built/Renovated
2005/2023
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.09
Lot Size
1.23 AC
Zoning
Commercial
Parking
70 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 17-605-00-03-001.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $455,810 |
Property Taxes
Parcel Number
17-605-00-03-001.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$455,810
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