637 SE 291 Hwy | Lee's Summit, MO 64063
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637 SE 291 Hwy
Lee's Summit, MO 64063
Unique Burger King | 20-Yr NNN | 2021 Remodel · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-Year Lease Extension | Tenant recently extended its lease early by 20 years, showing incredible long-term commitment to the location
- Absolute NNN Lease | Landlord has zero landlord responsibilities
- Strong Hedge Against Inflation | 7.50% rent increases every 5 years, allowing asset to keep up with rising market rents
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,728 SF
Building Class
B
Year Built/Renovated
1998/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.89 AC
Zoning
CP2
Parking
72 Spaces (10 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 61-210-01-22-00-0-00-000 | Improvements Assessment | $185,651 |
| Land Assessment | $377,805 | Total Assessment | $563,456 |
PROPERTY TAXES
Parcel Number
61-210-01-22-00-0-00-000
Land Assessment
$377,805
Improvements Assessment
$185,651
Total Assessment
$563,456
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