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Freestanding Restaurant NNN Ground Lease
For Lease
$2,181,800 NNN

937 Main St, Atchison, KS 66002

Newly constructed freestanding Taco Bell restaurant is offered under an absolute NNN ground lease on a Main Street parcel.

Space SizeContact for details
Lot Size0.62 Acres
Days on Market122

Property Features for 937 Main St

General Information

Standard status Active
Lot size 0.62 Acres
Property subtype Retail
Occupancy 100%
Net Operating Income $120,000

Additional Details

Cap Rate 5.5%

Building Details

Year Built 2017
Tenancy Single
Listed By: Marvin Delaura
Source: Fortisnetlease
Added: May 7 Changed: Sep 4 Last Checked: Sep 5 at 4:23AM

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 Marvin Delaura

Investment Insights

Based on property information with market context.

A newly constructed, freestanding Taco Bell restaurant is available under an absolute NNN ground lease structure. The property includes a 1,820-square-foot building situated on a 0.62-acre parcel, and the tenant operates under a 20-year lease term. The ground lease is described as absolute NNN, designed to allocate responsibilities for taxes, insurance, and maintenance away from the landlord.

The restaurant is located at 937 Main Street in Atchison, Kansas along a primary commercial corridor serving the Atchison trade area.

The lease includes 8.0% rent increases every five years throughout the base term and renewal options, along with four (4) five-year renewal options that extend the potential lease term to 40 years.

Key Highlights

  • Newly constructed 1,820 SF freestanding Taco Bell restaurant on a 0.62‑acre parcel at 937 Main Street in Atchison, Kansas
  • Absolute NNN ground lease investment with Taco Bell; landlord responsibilities stated as no taxes, insurance, or maintenance
  • Tenant operates under a 20‑year lease term commencing at close of escrow

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Parking Lot & Garage Skin Care Clinic

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby
110k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 25% Home Improvements & Furnishings 8% Electronics 3%
McDonald's Dining
19,681 visits/mo 0.1 miles
SONIC Drive In Dining
11,574 visits/mo 0.2 miles
Taco Bell Dining
10,227 visits/mo 0.2 miles
Bomgaars Home Improvements & Furnishings
8,723 visits/mo 0.3 miles
Taco John's Dining
8,539 visits/mo 0.1 miles

Demographics for 66002, KS

13,376
Population
5,278
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
93%
High-School Grad
189.3 sq mi
ZIP Area
71
Density / Sq Mi
$62,738
Median Household Income
$29,265
Median Earnings
$754
Median Rent
$145,100
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
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Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed freestanding Taco Bell restaurant is offered under an absolute NNN ground lease on a Main Street parcel.
Where is this nnn property located?
The property is located at 937 Main St Atchison, KS.
What is the lease rate?
The lease rate is $2,181,800.
What are key features of this property?
This property features: Newly constructed 1,820 SF freestanding Taco Bell restaurant on a 0.62‑acre parcel at 937 Main Street in Atchison, Kansas; Absolute NNN ground lease investment with Taco Bell; landlord responsibilities stated as no taxes, insurance, or maintenance; Tenant operates under a 20‑year lease term commencing at close of escrow
More about this property
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