15498 State Ave Basehor, KS 66007

Listing agency First Street Brokerage

Listed by Jeff Christian · License #CA 01461046

Source Crexi

Added: Apr 11 Updated: Jul 21 at 3:29AM Checked: Jul 21 at 3:29AM

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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

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FAQs

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