350 Northwest Barry Road

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350 Northwest Barry Road

Kansas City, MO 64155
Asking Price
$1.57M
Cap Rate
5%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

15-Year Corporate Absolute NNN Ground Lease | Publicly-Traded Corporate Tenant (NYSE: BROS) <ul><li>​<strong style="color: rgba(0, 0, 0, 1)">Single-Tenant Dutch Bros Coffee with Double Drive-Thru; Absolute NNN Ground Lease:</strong><span style="color: rgba(0, 0, 0, 1)"> </span><ul><li>​<span style="color: rgba(0, 0, 0, 1)">2023 construction; 15-year absolute NNN ground lease</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Corporate-guaranteed lease (Boersma Bros. LLC)</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">10% rent increases every 5 years and throughout option peri

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NOI
$80,000
Cap Rate
5.10%
DSCR
0.86
Underwater
Cash-on-Cash
-2.80%
Monthly Payment
$7,767.503
Annual Cash Flow
$-13,210.041

Location & Travel Times