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3804 N Belt Hwy
Saint Joseph, MO 64506

$2,461,000 USD

Restaurant For Sale  •  5,070 SF

Property Details

• Property Type Restaurant
• Total Building Size 5,070 SF
• Building Class B
• Year Built 2009
• Tenancy Single

40 Walk Score

Highlights

22+ Years Remaining: The tenant has a 22+ year absolute NNN lease with zero landlord responsibilities and built-in 7.5% rent increases every five year

Beyond the primary term, the tenant holds three renewal options, providing potential occupancy through 2063

7.5% rent bumps every five years drive the yield from a 6.50% entry cap to 8.68% over the base term, with option period floors reaching 10.79%

Situated on N. Belt Highway, the primary north/south commercial artery in St. Joseph, MO, ensuring consistent daily traffic and retail activity

Proximity to I-29, a major north-south corridor connecting Kansas City to Omaha, captures significant transient and regional customer volume

Surrounded by a complementary cluster of high-traffic national brands including Walmart, Lowe's, Home Depot, Target, Dick's Sporting Goods, Walgreens

Public Transportation

Airport	Drive	Walk	Distance
Kansas City International	48 min	-	39.3 mi