Corporate NNN Ground
For Sale
Contact for pricing
241 North Cedar Street, Belton, MO 64012
Newly constructed ground-lease property with corporate tenancy and landlord-free maintenance obligations.
Property Size1,674 SF
Price / SF$597.37
Days on Market13
Property Features for 241 North Cedar Street
General Information
Standard status
Active
Size
1,674 SF
Class
A
Total Parking Spaces
11
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$50,000
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Net Leased Advisors
Listed By:
John Stevens · License #TX 594304
Source:
Crexi
Added: Aug 21
Changed: Sep 1
Last Checked: Sep 1 at 9:03PM
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.
Completed in 2026, this ground-lease property is occupied by Valvoline under a corporate lease with a firm 15-year initial term and additional options. The agreement includes 10% rent increases every 5 years during both the initial term and option periods. Valvoline is responsible for maintenance, repairs, and replacements, limiting the owner’s property-level obligations.
The site is located at 241 North Cedar Street in Belton, Missouri, between SH 58 and I-49, and serves as an outparcel to the Price Chopper shopping center. Access is supported by the SH 58 and I-49 corridors, which record 19,100 VPD and 60,400 VPD, respectively. Nearby retailers include Home Depot, Hobby Lobby, Marshalls, Old Navy, Ross, and Price Chopper, along with multiple restaurant groups. The 5-mile area reports a population of 65,591 and household income of $128,629.
The site is located at 241 North Cedar Street in Belton, Missouri, between SH 58 and I-49, and serves as an outparcel to the Price Chopper shopping center. Access is supported by the SH 58 and I-49 corridors, which record 19,100 VPD and 60,400 VPD, respectively. Nearby retailers include Home Depot, Hobby Lobby, Marshalls, Old Navy, Ross, and Price Chopper, along with multiple restaurant groups. The 5-mile area reports a population of 65,591 and household income of $128,629.
Key Highlights
- Corporate Valvoline ground lease with a firm 15‑year term plus options
- 10% rent increases every 5 years during the initial term and options
- Valvoline handles all maintenance, repairs, and replacements
Property Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 24%
Groceries 16%
Apparel 4%
QuikTrip
Shops & Services
46,653 visits/mo
0.2 miles
Aldi
Groceries
22,596 visits/mo
0.5 miles
SONIC Drive In
Dining
10,800 visits/mo
0.4 miles
Dollar General
Shops & Services
10,218 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
9,642 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed ground-lease property with corporate tenancy and landlord-free maintenance obligations.
Where is this nnn property located?
The property is located at 241 North Cedar Street Belton, MO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Corporate Valvoline ground lease with a firm 15‑year term plus options; 10% rent increases every 5 years during the initial term and options; Valvoline handles all maintenance, repairs, and replacements
