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Multi-Tenant NNN Retail Property
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1115 NE Coronado Dr, Blue Springs, MO 64014

Multi-tenant retail building leased to Chipotle and Mattress Firm on NNN leases with corporate guarantees.

Property SizeContact for details
Days on Market125

Property Features for 1115 NE Coronado Dr

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Year Built 2009
Tenancy Multi
Listing Agency: Pinnacle Real Estate Advisors
Listed By: Peter Peluso · License #CO FA.100056724
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:48AM

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 Pinnacle Real Estate Advisors

Investment Insights

Based on property information with market context.

Legend Partners presents a multi-tenant retail property constructed in 2009 and currently leased to Chipotle and Mattress Firm. The asset features NNN lease structures with corporate guarantees, and both tenants have recently executed early 10-year renewals, leaving 10 years of primary term remaining for each tenant.

Located at 1115 NE Coronado Dr in Blue Springs, Missouri, the property is positioned along the city’s major retail thoroughfare, North East Coronado Drive, which includes national tenants such as Walmart, Target, and Home Depot. The building is also described as visible from Interstate 70, which sees over 60,000 vehicles per day.

Key Highlights

  • Multi‑tenant retail property leased to Chipotle and Mattress Firm on NNN leases with corporate guarantees
  • Both tenants have early 10‑year renewals and 10 years of primary term remaining
  • Building constructed in 2009 and has remained occupied by the original tenants

Property Analytics

Current Use

Chipotle Mexican Grill Take-out & Catering

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store Hair Salon HVAC Service Nail Salon

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby
656k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 34% Dining 21% Shops & Services 19% Apparel 16%
Walmart Superstores
129,892 visits/mo 0.4 miles
Target Superstores
92,714 visits/mo 0.2 miles
Chick-fil-A Dining
47,820 visits/mo 0.2 miles
Kohl's Apparel
43,781 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
40,399 visits/mo 0.3 miles

Demographics for 64014, MO

27,993
Population
11,068
Households
2.5
Avg Household Size
36
Median Age
36%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
2,499
Density / Sq Mi
$84,187
Median Household Income
$49,462
Median Earnings
$1,301
Median Rent
$233,200
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?
Retail space - Multi-tenant retail building leased to Chipotle and Mattress Firm on NNN leases with corporate guarantees.
Where is this retail space located?
The property is located at 1115 NE Coronado Dr Blue Springs, MO.
What are key features of this property?
This property features: Multi‑tenant retail property leased to Chipotle and Mattress Firm on NNN leases with corporate guarantees; Both tenants have early 10‑year renewals and 10 years of primary term remaining; Building constructed in 2009 and has remained occupied by the original tenants
(720) 529-2984 Call to check price and availability
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