Whataburger Absolute NNN Ground
18759 S Gardner Rd, Gardner, KS 66030
For Sale
Contact for pricing
A drive-through quick-service restaurant is leased to Whataburger under an absolute NNN structure.
Property SizeContact for details
Days on Market25
Property Features for 18759 S Gardner Rd
General Information
Standard status
Property subtype
Site & Location
Drive-Thru
Highway Access
Road Access
Additional Details
Tenant in Place
Listing Agency:
NorthMarq - Newport Beach
Listed By:
Brett Butler · License TX #558227
(949) 662-1277
Source:
Crexi
Added: Oct 16
Changed: Nov 8
Last Checked: Nov 8 at 3:38PM
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 NorthMarq - Newport Beach
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Investment Insights
Based on property information with market context.
The offering is the ground lease interest in a contemporary Whataburger drive-through restaurant at 18759 S Gardner Road. Its absolute NNN lease has a 15-year primary term and four five-year renewal options. Rent increases by 10% every five years, including during each renewal option, and the tenant is responsible for all property expenses.
The site is at the intersection of 188th Street and Gardner Road, just off I-35. Reported daily traffic is approximately 35,900 vehicles on I-35 and 10,100 on Gardner Road. The property is diagonally across from a QuikTrip travel plaza and a Culver’s, within Plaza South, where other uses include a gas station, church, bank, restaurants, and car wash. Logistics Park Kansas City is one exit away.
The lease and restaurant improvements are associated with a nationally recognized quick-service brand. The ground lease structure and scheduled rent increases define the principal lease terms presented for the property.
The site is at the intersection of 188th Street and Gardner Road, just off I-35. Reported daily traffic is approximately 35,900 vehicles on I-35 and 10,100 on Gardner Road. The property is diagonally across from a QuikTrip travel plaza and a Culver’s, within Plaza South, where other uses include a gas station, church, bank, restaurants, and car wash. Logistics Park Kansas City is one exit away.
The lease and restaurant improvements are associated with a nationally recognized quick-service brand. The ground lease structure and scheduled rent increases define the principal lease terms presented for the property.
Key Highlights
- Absolute NNN ground lease with a 15‑year primary term and four five‑year renewal options
- Rent increases 10% every five years, including in each of the four renewal options
- Tenant is responsible for all property expenses
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 40%
Home Improvements & Furnishings 14%
QuikTrip
Shops & Services
35,457 visits/mo
0.1 miles
Culver's
Dining
18,964 visits/mo
0.2 miles
Taco Bell
Dining
11,552 visits/mo
0.1 miles
Bomgaars
Home Improvements & Furnishings
10,742 visits/mo
0.2 miles
Demographics for 66030, KS
25,164
Population
9,319
Households
2.7
Avg Household Size
33
Median Age
34%
College-Educated
96%
High-School Grad
46.4 sq mi
ZIP Area
542
Density / Sq Mi
$93,891
Median Household Income
$48,661
Median Earnings
$1,306
Median Rent
$281,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - A drive-through quick-service restaurant is leased to Whataburger under an absolute NNN structure.
Where is this nnn property located?
The property is located at 18759 S Gardner Rd Gardner, KS.
What is the asking price?
The asking price for this property is $1,810,000.
What are key features of this property?
This property features: Absolute NNN ground lease with a 15‑year primary term and four five‑year renewal options; Rent increases 10% every five years, including in each of the four renewal options; Tenant is responsible for all property expenses
