Sprouts
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
800 NE 297 Highway, Lees Summit, MO 64086
PROPERTY INFORMATION
Price:
$7,303,000
Cap Rate:
6.15%
Term Remaining:
7.5 years Years
Year Built:
1999
INVESTMENT HIGHLIGHTS
- Strong BB– Credit | $4.66 Billion FY17 Corporate Revenue
- Increasing Credit Strength | Rapid Corporate Unit & Revenue Growth
- Building Constructed 1999 | New Sprouts Remodel 2016
- New 10-Year NN Lease | 7.5+ Years Remaining
- Offered Free and Clear
- Primary Retail Corridor Position | Over 27,000 VPD
- 3.19% Projected 5-Mile Population Growth (2018-2023)
- Nearly $100,000 Average Household Income Within 5-Mile Radius
- Corporate Lease With SFM, LLC (Sprouts Holding Company)
- Minimal Local Grocery Competition | Strong Grocery Sales Market