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Abs. NNN Ground-Leased Restaurant
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1901 E North Ave, Belton, MO 64012

New Olive Garden construction on an absolute NNN ground lease with multiple 5-year renewal options.

Property Size6,501 SF
Price / SF$455.77
Days on Market160

Property Features for 1901 E North Ave

General Information

Standard status Active
Size 6,501 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $160,000

Building Details

Year Built 2026
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Net Leased Advisors
Listed By: John Stevens · License #TX 594304
Source: Crexi
Added: Apr 2 Changed: Aug 31 Last Checked: Sep 7 at 12:56PM

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 Net Leased Advisors

Investment Insights

Based on property information with market context.

This is a 2026 construction Olive Garden offered on a 10-year absolute NNN ground lease with (4) additional 5-year renewal options. The lease includes 10% increases every 5 years, and the restaurant is scheduled to open April 15, 2026. The Olive Garden will occupy a 1.79-acre parcel with 130 parking spaces.

The property is located at the southwest corner of SH-58 and I-49, situated between North Cass Shopping Center and Cedar Tree Shopping Center. Access is provided to both I-49 and SH-58, with traffic counts of 56,099 VPD on I-49 and 31,138 VPD on SH-58.

The site is positioned within a dense retail trade area and is adjacent to major retailers including Walmart, Sam’s Club, Home Depot, Target, Tractor Supply, and Lowe’s, along with various restaurant groups.

Key Highlights

  • 2026 construction Olive Garden in Belton, MO on an absolute NNN ground lease
  • 10‑year absolute NNN ground lease with (4) 5‑year renewal options and 10% increases every 5 years
  • Olive Garden scheduled to open April 15, 2026 and occupies a 1.79‑acre parcel

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Storage Facility Hair Salon Building Supply Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby
517k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Groceries 13% Superstores 13% Shops & Services 11%
Target Superstores
65,272 visits/mo 0.3 miles
Hy-Vee Groceries
47,036 visits/mo 0.1 miles
McDonald's Dining
38,080 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
35,197 visits/mo 0.2 miles
Kohl's Apparel
32,397 visits/mo 0.4 miles

Demographics for 64012, MO

28,364
Population
12,722
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
47.2 sq mi
ZIP Area
601
Density / Sq Mi
$71,782
Median Household Income
$43,122
Median Earnings
$1,232
Median Rent
$200,900
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?
Conventional restaurant - New Olive Garden construction on an absolute NNN ground lease with multiple 5-year renewal options.
Where is this conventional restaurant located?
The property is located at 1901 E North Ave Belton, MO.
What is the asking price?
The asking price for this property is $2,962,962.
What are key features of this property?
This property features: 2026 construction Olive Garden in Belton, MO on an absolute NNN ground lease; 10‑year absolute NNN ground lease with (4) 5‑year renewal options and 10% increases every 5 years; Olive Garden scheduled to open April 15, 2026 and occupies a 1.79‑acre parcel
More about this property
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