18731 Gardner Rd Gardner, KS 66030
This exceptional investment opportunity presents a brand-new, fee-simple Taco Bell restaurant located at 18731 S Gardner Rd, Gardner, Kansas, 66030. The property boasts 2,200 square feet on a 0.84-acre lot and is subject to a 20-year triple-net (NNN) lease, minimizing landlord responsibilities. The current annual net operating income (NOI) is $159,600, representing a 5.25% capitalization rate on the $3,040,000 asking price. Built in 2024, this property benefits from a strong tenant, a Taco Bell franchisee, with a proven track record. The lease includes attractive rental increases of 8% every five years, providing a hedge against inflation. The lease commenced upon construction completion. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a desirable location. The property's strong financials, coupled with the long-term lease and built-in rent escalations, make it an ideal addition to any investment portfolio. The franchisee is affiliated with a large and experienced restaurant group operating numerous Taco Bell and Arby's locations. This provides significant financial strength and operational expertise. The price per square foot is $1,381.82.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.