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Brand New Taco Bell NNN
For Sale
Contact for pricing
Pending

15498 State Ave, Basehor, KS 66007

Brand new Taco Bell built for an absolute NNN structure under a 20-year lease with an experienced operator.

Property SizeContact for details
Days on Market123

Property Features for 15498 State Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Cap Rate 5%
Traffic Count 26,000 vehicles/day
Listing Agency: First Street Brokerage
Listed By: Jeff Christian · License #CA 01461046
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 10 at 12:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Street Brokerage

Investment Insights

Based on property information with market context.

This brand new Taco Bell is offered as an absolute NNN property under a 20-year lease. The tenant, Royal City Bell, operates 73 units, and the asset began its December 2023 open date.

The property is located at 15498 State Ave in Basehor, Kansas (Kansas City MSA). Public remarks also note approximately 26,000 VPD. Financial information provided includes a listed cap rate of 5% and NOI of $159,000.

For investors seeking a single-tenant, restaurant NNN format with a long-term lease and a recently opened build, this Taco Bell offering provides an established operating platform under absolute NNN terms.

Key Highlights

  • Brand new Taco Bell at 15498 State Avenue, Basehor, KS (Kansas City MSA), opened December 2023
  • 20‑year lease with an absolute NNN structure under an experienced tenant, Royal City Bell
  • Royal City Bell operates 73 units

Property Analytics

Current Use

Taco Bell Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Dining 26% Home Improvements & Furnishings 24%
Basehor #2 Shops & Services
20,072 visits/mo 0.1 miles
Bomgaars Home Improvements & Furnishings
12,199 visits/mo 0.3 miles
SONIC Drive In Dining
9,226 visits/mo 0.0 miles
The UPS Store Shops & Services
2,625 visits/mo 0.3 miles
Community National Bank Shops & Services
1,831 visits/mo 0.3 miles

Demographics for 66007, KS

9,875
Population
3,706
Households
2.7
Avg Household Size
41
Median Age
40%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
314
Density / Sq Mi
$108,698
Median Household Income
$62,679
Median Earnings
$1,173
Median Rent
$353,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Brand new Taco Bell built for an absolute NNN structure under a 20-year lease with an experienced operator.
Where is this nnn property located?
The property is located at 15498 State Ave Basehor, KS.
What are key features of this property?
This property features: Brand new Taco Bell at 15498 State Avenue, Basehor, KS (Kansas City MSA), opened December 2023; 20‑year lease with an absolute NNN structure under an experienced tenant, Royal City Bell; Royal City Bell operates 73 units
More about this property
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