Chick-fil-A | Absolute NNN Lease 4.00% cap 9330 E State Route 350 5,027 SF Retail Building Raytown, MO 64133 $3,300,000 ($656.46/SF) 4% Cap Rate

Pegasus Investments Real Estate Advisory Inc., in conjunction with ParaSell Inc., as exclusive advisors to Seller, are pleased to present the opportunity to acquire a brand-new Chick-fil-A located at 9330 E State Route 350 in Raytown, Missouri, within the Kansas City MSA. The Property is leased to Chick-fil-A corporate under a new 15-year absolute NNN lease structured with zero landlord responsibilities. Chick-fil-A is one of the most sought-after tenants in the net lease market, with stand-alone locations averaging approximately $9.3 million in annual sales, providing investors with durable long-term income secured by one of the strongest QSR operators in the country.
The Property features brand-new construction, a high-capacity double lane drive-thru, and an oversized 2.12-acre parcel designed to support Chick-fil-A’s high-volume operating model. The site benefits from strong parking, efficient circulation, and long-term real estate utility, while the below-market rent further enhances the investment profile by offering newly constructed Chick-fil-A real estate at an attractive rent basis relative to the tenant’s credit, store-level sales performance, and long-term demand for premier drive-thru locations.
The Property is strategically positioned as an outparcel to Raytown Square, a dominant grocery-anchored shopping center drawing approximately 1.3 million annual visits. The center’s Hy-Vee ranks in the top 4% of grocery stores nationally by visits, per Placer.ai, validating the strength of the anchor and its consistent consumer draw. Fronting Route 350 with approximately 37,200 vehicles per day, the Property also benefits from excellent visibility, convenient access, and immediate proximity to Aldi, QuikTrip, Walgreens, CVS, and other national daily-needs retailers.
Raytown is a dense, infill Kansas City suburb located approximately 11 miles southeast of Downtown Kansas City and minutes from the Truman Sports Complex, home to GEHA Field at Arrowhead Stadium and Kauffman Stadium. As the first Chick-fil-A in Raytown, the Property fills a key gap in the brand’s local footprint while benefiting from established residential density, strong affordability, and access to Kansas City’s broader employment and consumer base. Kansas City’s position as the 31st largest U.S. metro, top-ranked housing market, and strategic Midwest logistics hub further supports the Property’s long-term fundamentals.