Applebee’s

• Kansas City MSA Location – Strategically positioned within the Kansas City metropolitan area, benefiting from regional connectivity while serving the established Excelsior Springs retail trade area.
• Directly Across from Walmart Supercenter – Ideally located across from Walmart Supercenter, a major daily-needs retail destination that generates consistent consumer traffic and serves as a primary retail anchor within the surrounding trade area.
• Signalized Intersection with Convenient Access – The property benefits from its location at a signalized intersection, providing convenient ingress and egress and enhancing accessibility for customers traveling along the U.S. Highway 69 retail corridor.
• High-Traffic Retail Corridor – The property benefits from exposure to approximately 15,800 vehicles per day along U.S. Highway 69, providing strong visibility within an established retail corridor.
• Positioned for Continued Retail Growth – The City and Local Agencies have recognized the U.S. 69/Walmart corridor as a priority for future commercial development, with potential for additional big-box retailers, shopping centers, strip retail, and freestanding outparcels.
• Absolute NNN Lease – The tenant is responsible for property taxes, insurance, utilities, maintenance, repairs, roof, structure, and building systems, providing investors with passive income and minimal landlord responsibilities.
• Long-Term Renewal Potential – The lease includes four additional five-year renewal options, providing the potential for continued tenant occupancy through June 2048 if all options are exercised.
• Attractive 10.50% Cap Rate – Offered at an attractive 10.50% going-in capitalization rate, generating $114,891 in annual Net Operating Income and providing investors with a high-yield acquisition opportunity.