4053 S Little Blue Pky
Independence, MO 64057
Black Bear Diner | Independence, MO · Retail Property For Sale

Black Bear Diner is a fast-growing, community oriented, family dining concept that was founded in 1995 and has since grown to over 132 locations in 13 U.S. states. This location is currently under construction – the grand opening date is November 18, 2019. The lease structure is triple net (NNN), with zero landlord responsibilities. Tenant is responsible for maintaining, repairing, and replacing all aspects of the property, as well as all required insurances, taxes, and utilities. The lease will be brand new with a ten (10) year term once the lease commences. There will be three (3), five (5) year options. The lease provides for 10% rental increases every five (5) years. There are 125,917 residents located in the five (5) mile demographic ring. The average household income in the three (3) mile demographic ring is an affluent $88,024. The subject property is located right off the I-70 Freeway, which report traffic counts of 98,488 cars per day. The subject property is located in Independence’s main retail corridor minutes away from the Independence Center Shopping Mall. Nearby retailers include Menards, Party City, Bed Bath & Beyond, Buy Buy Baby, Outback Steakhouse, Hooters, Costco and Lowe’s, among others. This location is only one of two Black Bear Diners in Missouri. Independence is located on the eastern edge of Kansas City, MO and is the 5th largest city in Missouri. The City of Independence is the County Seat of Jackson County and home to Lake City Army Ammunition Plant, the largest small-caliber ammunition manufacturing plant in the world.