Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Sunnyside School Rd
- Year built
- 2024
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
Exceptional investment opportunity in Blue Springs, Missouri, featuring a 650 square foot Swig drive-thru restaurant built in 2024. This property boasts a 15-year absolute NNN lease with a corporate guarantee, offering exceptional security and predictable cash flow. The lease includes a 10% rent increase every five years, ensuring consistent growth in rental income. The property's strong location within a high-traffic area, adjacent to a Walmart Supercenter and Home Depot, and near other major retailers, ensures high visibility and significant customer traffic. The surrounding area features strong demographics, with high average household incomes and a large daytime population fueled by nearby employment centers, including St. Mary's Medical Center and numerous schools. The property benefits from excellent access to I-70, connecting it to downtown Kansas City. Furthermore, the proximity to popular attractions like the Blue Surf Bay Waterpark and Hidden Valley Sports Complex provides additional exposure to a large customer base. The Swig brand itself is experiencing rapid expansion, with plans to significantly increase its store count in the coming years, further solidifying the long-term value of this investment. The Net Operating Income (NOI) is $90,500, resulting in a 5.50% cap rate. The asking price is $1,645,000, with a price per square foot of $2,530.77. This is a rare opportunity to acquire a high-performing, established QSR property in a prime location with significant growth potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blue Springs
- County
- Jackson
- State
- Missouri
- Longitude
- -94.258
- Latitude
- 39.0269
