4328 S Noland Road, Independence, MO
Single Tenant • Net Lease Investment
Kansas City North
For Sale $4,700,000.
9,542 SqFt.
Property Description
SINGLE TENANT
NET LEASE INVESTMENT
Long term lease with Red Lobster
Significant Term Remaining
- Leased through July 2039
- Absolute NNN Lease
- Corporate guarantee in place
- Over 15 years remain on the primary lease term
- 2% annual rental escalations
- Four 5-year renewal options
- Construction: Wood with Fiber cement siding
- Located between Interstate 70 and US Hwy 40 on Noland Road, a main thoroughfare for this area
- Tenants in the area include: Price Chopper, Hy-Vee, Harbor Freight, Olive Garden, Petco, Baskin Robbins, Wendy’s, McDonalds, and others
- Traffic Counts – 42,577 (Noland Rd & E 42nd Street)
Contact
Matt joined Curry Real Estate Service in 2022 and helps lead the commercial division. He is responsible for management and leasing of commercial properties throughout the metropolitan area, providing brokerage services, property use analysis and consulting. Previously, he served in a leadership role as Operations Director for the Kansas City
... Read Matt Pepper full bio.
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