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Don Chuy's 701 SE Melody Ln 4,560 SF Retail Building Lee's Summit, MO 64063 $2,000,000 ($438.60/SF) 7.20% Cap Rate



Executive Summary
This is an investment property with a 10 Year NNN Lease in place.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,560 SF
Building Class
B
Year Built
1992
Price
$2,000,000
Price Per SF
$438.60
Cap Rate
7.20%
NOI
$144,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.22 AC
Zoning
CP2 - Commercial
Parking
73 Spaces (16.01 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 61-510-01-79-00-0-00-000 | Improvements Assessment | $182,032 |
| Land Assessment | $236,867 | Total Assessment | $418,899 |
Property Taxes
Parcel Number
61-510-01-79-00-0-00-000
Land Assessment
$236,867
Improvements Assessment
$182,032
Total Assessment
$418,899
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Don Chuy's | 701 SE Melody Ln
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