jazz louisiana kitchen real estate investment for … · jazz is a local chain with a long...

7
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 Agents ALEX BLOCK | 816.412.7373 | [email protected] DAVID BLOCK | 816.412.7400 | [email protected] CLICK HERE TO VIEW MORE LISTING INFORMATION JAZZ LOUISIANA KITCHEN Interstate 70 & Interstate 470/291 Highway 19700 E. Valley View Pwy, Independence, MO REAL ESTATE INVESTMENT FOR SALE

Upload: buithu

Post on 24-Feb-2019

214 views

Category:

Documents


0 download

TRANSCRIPT

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

3 9 t h S t r e e t 2 0 , 0 0 0 c a r s p e r d a y

1 0 6 , 0 0 0 c a r s p e r d a y

2 4 , 0 0 0 c a r s p e r d a y

78 ,000 cars per d

ay

Le

e’s

Su

mm

it R

oa

d

1

7,0

00

ca

rs p

er

da

y

L i t t l e B l u e Pa rk way 1 6 , 0 0 0 c a r s p e r d ay

6 , 0 0 0 c a r s p e r d a y

Val l

ey Vie

w P

kw

y

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

Thi

s re

port

was

pro

duce

d us

ing

data

from

priv

ate

and

gove

rnm

ent s

ourc

es d

eem

ed to

be

relia

ble.

The

info

rmat

ion

here

in is

pro

vide

d w

ithou

t rep

rese

ntat

ion

or w

arra

nty.

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