Taco Bell
Gardner, KS
Key Details
| Price: | $3,040,000 |
|---|---|
| Cap Rate: | 5.25% |
| Annual Rent: | $159,600 |
| Address: | 18731 South Gardner Road, Gardner, Kansas 66030 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Expiration: | 20 Years from Close of Escrow |
| Lease Term Remaining: | 20 Years |
| Rental Increases: | 8.00% Every 5 Years |
| Lot Size: | 0.84 Acres |
| Building Size: | 2,200 SF |
| Year Built: | 2024 |
NNN Pro is pleased to present the exclusive listing for a Taco Bell located at 18731 South Gardner Road, Gardner, Kansas 66030. The site consists of roughly 2200 rentable square feet of building space on an estimated 0.84-acre parcel of land. This Taco Bell is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $159,600 and has scheduled increases of 8.00% Every 5 Years.
About the Investment
- New Development Site Property will be a brand-new building and the rent will commence upon the completion of construction. Construction is anticipated to be complete early November 2024.
- Strong Traffic Count The subject property is located directly off of Interstate 35 which experiences an average daily traffic count of over 37,000 vehicles.
- Proximate to Educational Facilities Nike Elementary and Middle Schools located within one mile of the subject property. Gardner Edgerton High School within two and a half miles. Fourteen schools K-12 within three and a half miles of the subject property.
Key Details
| Price: | $3,040,000 |
|---|---|
| Cap Rate: | 5.25% |
| Annual Rent: | $159,600 |
| Address: | 18731 South Gardner Road, Gardner, Kansas 66030 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Expiration: | 20 Years from Close of Escrow |
| Lease Term Remaining: | 20 Years |
| Rental Increases: | 8.00% Every 5 Years |
| Lot Size: | 0.84 Acres |
| Building Size: | 2,200 SF |
| Year Built: | 2024 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Alexandre Marietto
amarietto@nnnpro.com
License: NY: 10401294047
Kyle Karsian
kkarsian@nnnpro.com
License: NY: 10401321452
Broker of Record
Brian Brockman
Bang Realty-Kansas, Inc
License: 239819
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.