jazz louisiana kitchen real estate investment for … · jazz is a local chain with a long...
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All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
TRIPLE NET LEASE INVESTMENT | 6.5% CAP RATE
1 mile 3 miles 5 miles
Estimated Population 3,209 45,796 122,491
Avg. Household Income $76,284 $87,672 $81,614
DEMOGRAPHICS
■ Approximately 6,269 sq ft building on 1.65 acres of land ■ Initial 20 year lease term in 2014 with two 10 year options ■ Jazz is a local chain with a long operating history in Greater Kansas City ■ Located across from Independence Events Center, a regional draw,
plus Independence Center Mall and surrounding major shopping/dining destination areas
■ Directly across from Costco, Lowe’s, and Carmax ■ Excellent visibility and signage to I-70, with a large parking lot ■ Other surrounding tenants include Bass Pro Shop, Hobby Lobby, Best
Buy, Menard’s, Macy’s, Sears, Walmart Supercenter, Target, JC Penny, Petsmart, Sam’s Club, Dillards, Starbucks, AMC Theaters, and more
■ High traffic counts and demographics
For More Information Contact: Exclusive AgentsALEX BLOCK | 816.412.7373 | [email protected] BLOCK | 816.412.7400 | [email protected]
CLICK HERE TO VIEW MORE LISTING INFORMATION
JAZZ LOUISIANA KITCHENInterstate 70 & Interstate 470/291 Highway19700 E. Valley View Pwy, Independence, MO
REAL ESTATEINVESTMENTFOR SALE
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
JAZZ LOUISIANA KITCHENInterstate 70 & Interstate 470/291 Highway19700 E. Valley View Pwy, Independence, MO
REAL ESTATEINVESTMENTFOR SALE
NEIGHBORING TENANTS
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
JAZZ LOUISIANA KITCHENInterstate 70 & Interstate 470/291 Highway19700 E. Valley View Pwy, Independence, MO
REAL ESTATEINVESTMENTFOR SALE
SURROUNDING TENANTS
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
JAZZ LOUISIANA KITCHENInterstate 70 & Interstate 470/291 Highway19700 E. Valley View Pwy, Independence, MO
REAL ESTATEINVESTMENTFOR SALE
AERIAL
N
Supercenter
I N D E P E N D E N C E C E N T E R
T H E PAV I L L I O N S ATH A R T M A N H E R I TAG E
T H E FA L L S
E A S T L A N D C E N T E R
B O LG E RS Q UA R E
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S I T E
I N D E P E N D E N C E CO M M O N S
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
JAZZ LOUISIANA KITCHENInterstate 70 & Interstate 470/291 Highway19700 E. Valley View Pwy, Independence, MO
REAL ESTATEINVESTMENTFOR SALE
KCI Airport
Chiefs & RoyalsStadiums
Worlds of Fun
KansasSpeedway
Union StationLegoland
& Aquarium
CORBIN PARK
OAK PARK MALL
RAYMORE GALLERIA
SUMMIT WOODSSUMMIT FAIR
INDEPENDENCE CENTER
THE FALLS/BASS PRO
CROWN CENTER
POWER & LIGHT DISTRICT
THE LEGENDS
PLAZA AT THE SPEEDWAY
ZONA ROSA SHOPPES AT SHOAL CREEK
PLAZA AT SHOAL CREEK
Downtown Kansas City, MO
Schlitterbahn
Downtown Airport
Lee’s Summit Airport
New Century Airport
Johnson CountyAirport
Kansas River
Kansas City, KS
Missouri River
PRAIRIE FIRE
STATE
LINE
RD
STATE
LINE
RD
COUNTRY CLUB PLAZA
WARD PARKWAY CENTER
TOWN CENTER PLAZA
Grandview
Lee’s Summit
Olathe
Gardner
Overland Park
Lenexa
Merriam
Leawood
Belton
RaymorePleasant Hill
Lake Lotawana
Blue Springs
Independence
Sugar Creek
Raytown
Roeland ParkMission Fairway
Mission Hills
Bonner Springs Edwardsville
Shawnee
North Kansas City, MO
Gladstone
Riverside
Parkville
Platte City
Lansing
Leavenworth
Liberty
Pleasant Valley
Exselsior Springs
Claycomo
MERRIAM TOWN CENTER
IKEAADAMS DAIRY LANDING
TRUMAN MARKETPLACE
STATE LINE STATION
BLUE RIDGE CROSSING
BROOKSIDE SHOPSSHAWNEE STATION
BELTON TOWN CENTER
OLATHE STATION
LENEXA CITY CENTER
S I T E
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
JAZZ LOUISIANA KITCHENInterstate 70 & Interstate 470/291 Highway19700 E. Valley View Pwy, Independence, MO
REAL ESTATEINVESTMENTFOR SALE
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
JAZZ LOUISIANA KITCHENInterstate 70 & Interstate 470/291 Highway19700 E. Valley View Pwy, Independence, MO
REAL ESTATEINVESTMENTFOR SALE
Demographic Source: Applied Geographic Solutions 10/2018, TIGER Geography page 1 of 1©2018, Sites USA, Chandler, Arizona, 480-491-1112
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SUMMARY PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 39.0392/-94.3484RS1
19700 E. Valley View Parkway1 mi radius 3 mi radius 5 mi radius
Independence, MO 64057
PO
PU
LATI
ON
2018 Estimated Population 3,209 45,796 122,491
2023 Projected Population 3,324 47,170 125,444
2010 Census Population 2,928 45,258 120,079
2000 Census Population 2,274 38,245 108,479
Projected Annual Growth 2018 to 2023 0.7% 0.6% 0.5%
Historical Annual Growth 2000 to 2018 2.3% 1.1% 0.7%
2018 Median Age 41.1 41 40.3
HO
US
EH
OLD
S
2018 Estimated Households 1,533 19,776 52,007
2023 Projected Households 1,552 20,118 52,615
2010 Census Households 1,314 18,607 48,655
2000 Census Households 918 15,096 42,938
Projected Annual Growth 2018 to 2023 0.2% 0.3% 0.2%
Historical Annual Growth 2000 to 2018 3.7% 1.7% 1.2%
RA
CE
AN
DE
THN
ICIT
Y
2018 Estimated White 84.8% 85.3% 84.6%
2018 Estimated Black or African American 8.2% 6.9% 7.5%
2018 Estimated Asian or Pacific Islander 2.6% 2.5% 2.2%
2018 Estimated American Indian or Native Alaskan 0.3% 0.4% 0.5%
2018 Estimated Other Races 4.1% 4.9% 5.3%
2018 Estimated Hispanic 5.3% 6.1% 6.1%
INC
OM
E 2018 Estimated Average Household Income $76,284 $87,672 $81,614
2018 Estimated Median Household Income $61,286 $69,662 $66,284
2018 Estimated Per Capita Income $36,649 $37,898 $34,705
ED
UC
ATI
ON
(AG
E 2
5+)
2018 Estimated Elementary (Grade Level 0 to 8) 1.9% 1.7% 2.1%
2018 Estimated Some High School (Grade Level 9 to 11) 4.3% 3.8% 4.7%
2018 Estimated High School Graduate 26.5% 27.0% 29.8%
2018 Estimated Some College 24.3% 25.1% 24.5%
2018 Estimated Associates Degree Only 6.1% 8.4% 7.9%
2018 Estimated Bachelors Degree Only 22.4% 21.1% 19.4%
2018 Estimated Graduate Degree 14.6% 12.9% 11.6%
BU
SIN
ES
S 2018 Estimated Total Businesses 761 1,664 4,851
2018 Estimated Total Employees 9,835 20,970 53,836
2018 Estimated Employee Population per Business 12.9 12.6 11.1
2018 Estimated Residential Population per Business 4.2 27.5 25.3