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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

18731 Gardner Rd Gardner, KS 66030

2,200 SF 0.84 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 2,200 SF
Lot 0.84 ac (36,590 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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