621 E Markey Pky
Belton, MO 64012
Kneaders | Absolute 15 Yr NNN Lease | 10% Eve · Retail Property For Sale

CBRE is pleased to offer for sale this single-tenant Kneaders Bakery & Café (the “Property”) located on the hard northwest corner of Markey Parkway and Missouri Highway Y (E 163rd Street) in Belton, Missouri, a suburb in the Kansas City metropolitan area. The offering consists of a newly constructed, ±3,844 square foot Kneaders Bakery & Café, which opened August 25, 2017. Kneaders will begin paying rent at the close of escrow with a 15-year absolute NNN lease. The lease calls for 10% rental increases every 5 years in the initial term and throughout the four (4), 5-year option periods. This Kneaders offers a corporate guarantee by FFG Stores, LLC (Four Foods Group), the master Kneaders franchisee and one of the fastest growing restaurant companies in the country. Four Foods Group owns and operates 96 restaurants in seven States, with more than a dozen additional units scheduled to open in 2017 and dozens more in development; including: 44 Kneaders Bakery and Cafés, 48 Little Caesars, two R&R BBQs, and two Soda Shop stores. Each year since 2012, Four Foods Group has been listed on either Inc. 500 or Inc. 5,000. The Property is strategically positioned at the signalized intersection of Markey Parkway and Missouri Highway Y at the entrance to Belton Gateway, a new ±47-acre Hobby Lobby/Academy Sports + Outdoors anchored shopping center just south of Interstate 49. Interstate 49 connects the Belton community to the greater Kansas City metropolitan area and boasts approximately 62,959 vehicles/day. Furthermore, the Property is centrally located within a regional retail trade area with major national retailers including: Target, Home Depot, Kohl’s, Sam’s Club, Lowe’s, Walmart, Starbucks, Chipotle, Arby’s, McDonald’s, Buffalo Wild Wings, T-Mobile, Walgreens, Raising Cane’s, Ross, Cato, Party City, Dressbarn, and Fazoli’s among many others. On top of that, Belton Regional Medical Center is located one exit east of the Property on Interstate 49, which is a 71-bed acute care facility offering a full range of inpatient and outpatient services. They employ ±260 physicians and ±300 staff, bringing thousands of residents to the trade area each day. This Kneaders Bakery & Café offers an investor a long-term lease with no landlord responsibilities in one of Missouri’s newest retail locations.