Single-Tenant Restaurant
For Sale
Contact for pricing
1348 S Noland Rd, Independence, MO 64055
Lease includes a corporate guaranty, absolute net structure, 10% increases every 5 years, and two 5-year options.
Property Size3,281 SF
Days on Market143
Property Features for 1348 S Noland Rd
General Information
Standard status
Active
Size
3,281 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
19,623 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Atlantic Retail West Palm Beach
Listed By:
Zack Hilgendorf · License #SL3612144
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 2:56AM
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 Atlantic Retail West Palm Beach
Investment Insights
Based on property information with market context.
This 3,281-square-foot restaurant at 1348 S. Noland Rd. is occupied by Abelardo’s Mexican Fresh under a 15-year absolute net lease backed by a corporate guaranty. The agreement provides 10% rental increases every 5 years and includes two 5-year renewal options.
The property sits along S. Noland Rd., a north-south thoroughfare recording 19,623 VPD. The road connects E 23rd St., with 27,134 VPD, to I-70, which carries 124,466 VPD. Within a 5-mile radius, the site serves 149,877 residents and an average household income of $72,800. Nearby national retailers include McDonald’s, KFC, Starbucks, Taco Bell, Captain D’s, Hy-Vee, O’Reilly Auto Parts, and QuikTrip.
Abelardo’s Mexican Fresh operates more than 50 locations across 6 states, providing an established restaurant tenancy for the property.
The property sits along S. Noland Rd., a north-south thoroughfare recording 19,623 VPD. The road connects E 23rd St., with 27,134 VPD, to I-70, which carries 124,466 VPD. Within a 5-mile radius, the site serves 149,877 residents and an average household income of $72,800. Nearby national retailers include McDonald’s, KFC, Starbucks, Taco Bell, Captain D’s, Hy-Vee, O’Reilly Auto Parts, and QuikTrip.
Abelardo’s Mexican Fresh operates more than 50 locations across 6 states, providing an established restaurant tenancy for the property.
Key Highlights
- 3,281‑square‑foot single‑tenant restaurant at 1348 S. Noland Rd.
- 15‑year absolute net lease with a corporate guaranty
- 10% rental increases every 5 years and (2) 5‑year options
Property Analytics
Property Profile
Current Use
Lease Details
19,623 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
107k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 47%
QuikTrip
Shops & Services
46,846 visits/mo
0.2 miles
McDonald's
Dining
24,449 visits/mo
0.2 miles
Taco Bell
Dining
10,737 visits/mo
0.1 miles
Captain D's
Dining
5,493 visits/mo
0.1 miles
KFC
Dining
5,459 visits/mo
0.1 miles
Demographics for 64055, MO
36,225
Population
16,900
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
93%
High-School Grad
12.5 sq mi
ZIP Area
2,898
Density / Sq Mi
$64,646
Median Household Income
$42,121
Median Earnings
$1,098
Median Rent
$173,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Lucky Buffet — 2931 S Noland Rd, Independence, MO 64055
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Lease includes a corporate guaranty, absolute net structure, 10% increases every 5 years, and two 5-year options.
Where is this conventional restaurant located?
The property is located at 1348 S Noland Rd Independence, MO.
What are key features of this property?
This property features: 3,281‑square‑foot single‑tenant restaurant at 1348 S. Noland Rd.; 15‑year absolute net lease with a corporate guaranty; 10% rental increases every 5 years and (2) 5‑year options
