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30041383
30041382

710 SE Melody Ln, Lee's Summit, MO 64063 For Sale

GS
MO 2021017647
Crossroads Real Estate Group
Listed by Crossroads Real Estate Group
$1,999,999
137 days on market
Updated 10 days ago

Don Chuy’s Restauran

Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,560
Cap Rate 7.20%
NOI $144,000
Occupancy 100%
Remaining Term 10
Price per SqFt $439
Acreage 1.200
Parking Spaces 73 spaces
Parking per 1,000 SqFt 16.01

Retail | 7.20% CAP | 4,560 SqFt

Marketing description

Crossroads Real Estate Group is pleased to present the exclusive listing of 710 SW Melody Lane, a well-located retail investment opportunity in Lee’s Summit, Missouri. The property is improved with a freestanding restaurant building occupied by Don Chuy’s Fresh Mex & Cantina, a successful, family-owned concept with an established regional presence. The asset offers investors stable cash flow supported by an operating restaurant tenant with strong community recognition and consistent customer traffic.

Lee’s Summit’s central location within the Kansas City metropolitan area provides convenient access to major regional employment and retail centers while maintaining a high-quality suburban environment. Residents benefit from a strong local economy, to prated schools, and an exceptional quality of life supported by healthcare, cultural, and recreational amenities. Located in Jackson County and supported by continued population and income growth, Lee’s Summit has emerged as one of the most desirable and fastest growing suburban communities in the Kansas City region, underscoring the long-term strength and stability of the market.

Listing Contacts

GS
MO 2021017647
Crossroads Real Estate Group
Listed by Crossroads Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$144,000.00
$12,000.00/mo

Valuation Metrics

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DSCR
7.2%
Cap Rate
7.2%
ROI

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