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125 N Stewart Rd
Liberty, MO 64068

$3,130,000

Restaurant For Sale  •  4,972 Sq Ft

Property Details

  • Property Type Restaurant
  • Total Building Size 4,972 Sq Ft
  • Lot Size 1.24 ac
  • Building Class C
  • Year Built 2010
  • Cap Rate 5.75 %
  • Tenancy Single
13 Transit Score
58 Walk Score

Description

Liberty is a suburb of Kansas City, located in the Kansas City metro area. It is also the county seat of Clay County and is home to William Jewell College, a private four-year liberal arts school with just under 1,000 students. Liberty has received many accolades over the years, including Top 3 Places for Families by Family Circle Magazine and the 7th Best Place to Live by CNN/Money Magazine.

Today, Liberty enjoys both residential and commercial development while also maintaining its strong sense of history. The city is home to 5 local historic districts, 7 districts and 7 individual properties on the National Register of Historic Places, a thriving historic downtown, 3 museums and many notables sites of interest.

Kansas City is both the largest city and capital city of Missouri. It had an estimated population of 488,943 in 2017, making it the 37th most-populous city in the United States. Sitting on Missouri’s western boundary, with Downtown near the confluence
of the Kansas and Missouri Rivers, the modern city encompasses some 319.03
square miles.

The city is well known for its contributions to the musical styles of jazz and blues as well as to cuisine, specifically, Kansas City-style barbecue. With over 200 fountains, Kansas City has earned the nickname, “City of Fountains,” and claims to have the
second most in the world, just behind Rome. The city also has more boulevards than any city except Paris and has been called the Paris of the Plains. Many universities, colleges and seminaries are located in the Kansas City metropolitan area, including
the University of Missouri–Kansas City, Rockhurst University and Kansas City Art Institute among others.

Kansas City has a steady local economy that historically weathers economic fluctuations because of its diverse industry segments. Headquarters, technology based companies, entrepreneurs, freight-based companies and shared-service
centers choose Kansas City for its central location, educated workforce and access to a strong support network of public and private programs, civic-minded entrepreneurs and competitive incentives. Companies with headquarters in the city include
Applebee’s, Hallmark Cards, H&R Block, Hostess Brands, and Russell Stover Candles.

Highlights

New 20-Year Absolute Triple-Net (NNN) Lease
10% Rental Increases Every 5 Years
49,150 Residents in 5-Mile Radius – Growing Liberty Trade Area, Situated in the Kansas City MSA
Outparcel to Lowe’s Home Improvement
Located in The Liberty Triangle Retail Corridor – Lowe’s, Hy-Vee, Chick-Fil-A, Olive Garden, Dick’s Sporting Goods, Ross, etc.
Walking Distance from Liberty High School (1,700+ Students)

Property Flyers

Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
International House of Pancakes 4,972 SF 12/31/2038

Public Transportation

AirportDriveWalkDistance
Kansas City International Airport 26 min - 18.4 mi
Jamie Medress 602-687-6778 Marcus & Millichap
Jamie Medress 602-687-6778 Marcus & Millichap