740 NW Blue Pky | Lee's Summit, MO 64086
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- LoopNet Team
740 NW Blue Pky
Lee's Summit, MO 64086
100% Absolute NNN Texas Roadhouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Absolute NNN Lease with Texas Roadhouse (NASDAQ: TXRH): Market Capitalization Over $10 Billion with Plans for 800 Total Units by End of 2024
- Phenomenal Performance by Tenant: 45 New Store Openings in 2023: Over $4.6+ Billion in Revenue (+15% YOY) & Over $305+ Million in Net Income (+13% YOY
- Adjacent to Summit Woods Crossing: Target & Lowe's Anchored 545,000 SF Open-Air regional Shopping Complex (4.5M Annual Visitors - placer.ai)
- Massive Average Unit Volume (AUV): Annual AUVs of $6.75 Million in 2023
- Located within Summit Fair Shopping center: A 500,000 SF Open-Air Lifestyle Center with Over 50 Retail Shops & Restaurants
- Adjacent to Streets at West Pryor: Premium $190M+ Retail and Residential Development
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,420 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.54 AC
Zoning
CP-2
Parking
118 Spaces (15.9 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 51-700-03-38-00-0-00-000 | Improvements Assessment | $547,050 |
| Land Assessment | $231,802 | Total Assessment | $778,852 |
PROPERTY TAXES
Parcel Number
51-700-03-38-00-0-00-000
Land Assessment
$231,802
Improvements Assessment
$547,050
Total Assessment
$778,852
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