1112 E North Ave Belton, MO 64012

The property offered for sale is a Hawaiian Bros restaurant located at 1112 E North Avenue in Belton, Missouri. It is structured as a 20-year, absolute NNN corporate sale-leaseback with Hawaiian Bros Inc. This location is the first Hawaiian Bros restaurant, serving as the flagship store that established the brand’s operational model and supported its national expansion. The new corporate lease will commence at closing, featuring a 20-year base term and 10% rent escalations every five years, including all four 5-year renewal options. The property is positioned as an outparcel to the Target- and Home Depot–anchored Belton Towne Center, which is a 350,000 square foot regional power center with major national co-tenants such as Walmart Supercenter, Lowe’s, Academy Sports, Panera Bread, and Starbucks. Located along the I-49 retail corridor, Belton has experienced steady population and economic growth, supported by new infrastructure investment and $33 million in recent TIF improvements enhancing the Highway 58 corridor. The Belton location has maintained strong unit-level performance and healthy rent-to-sales ratios, underscoring its continued importance within the Hawaiian Bros system. The company now operates 65+ restaurants nationwide with over 250 additional units committed through multi-unit franchise development across more than 50 markets. The property size is 2,847 square feet.