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Don Chuy's Restaurant
For Sale
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701 SE MELODY LN, Lees Summit, MO 64063

An NNN lease has 10.2 years remaining.

Property SizeContact for details
Days on Market10

Property Features for 701 SE MELODY LN

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 7.5%
Listing Agency: CBRE - Orange County
Listed By: David McNevin · License #02101634
Source: Crexi
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 24 at 3:29PM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

Don Chuy's Fresh Mex & Cantina is a restaurant property at 701 SE Melody Ln in Lee's Summit, Missouri. The property is subject to an NNN lease with 10.2 years remaining and a 7.50% cap rate.

Key Highlights

  • Don Chuy's Fresh Mex & Cantina restaurant property
  • NNN lease with 10.2 years remaining
  • 7.50% cap rate

Property Analytics

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Current Use

Don Chuy's fresh ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Store Catering Service Pet Grooming Service

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

771
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 26% Groceries 14% Hotels & Casinos 1%
QuikTrip Shops & Services
55,665 visits/mo 0.2 miles
Dollar Tree Shops & Services
25,118 visits/mo 0.1 miles
Aldi Groceries
25,021 visits/mo 0.4 miles
Goodcents Deli Fresh Subs Dining
9,220 visits/mo 0.1 miles
Perkins Restaurant & Bakery Dining
7,761 visits/mo 0.4 miles

Demographics for 64063, MO

20,965
Population
9,104
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
3,437
Density / Sq Mi
$77,966
Median Household Income
$47,877
Median Earnings
$1,151
Median Rent
$242,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - An NNN lease has 10.2 years remaining.
Where is this conventional restaurant located?
The property is located at 701 SE MELODY LN Lees Summit, MO.
What is the asking price?
The asking price for this property is $1,920,000.
What are key features of this property?
This property features: Don Chuy's Fresh Mex & Cantina restaurant property; NNN lease with 10.2 years remaining; 7.50% cap rate
(949) 725-8463 Call to check price and availability
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