12424 US-71, Grandview, MO 64030 For Sale

Kansas City MSA
Overland Park is located within the Kansas City MSA, one of the largest metro areas in the Midwest, hosting a population of 2.3 million people. It was named Wall Street Journal's #8 "2022 Hottest Job Markets" out of 381 US metro areas and has recently seen an influx of tech and healthcare companies moving to the MSA.

Prime Highway Retail Location
The property is positioned along US Highway 71, a major regional thoroughfare with approximately 80,000 vehicles per day, providing exceptional visibility and accessibility. The site benefits from direct highway frontage, supporting strong commuter and regional traffic exposure. This high-traffic corridor serves as a primary north–south route within the Kansas City MSA, enhancing long-term consumer demand and accessibility.

Strong Store Performance
According to Placer.ai, the location reports approximately 252,200 annual visits and $2.9 million in annual sales, demonstrating consistent customer traffic and solid operating performance. The property benefits from an established customer base and steady quick-service restaurant demand within the surrounding trade area. The store’s performance metrics reflect stable consumer engagement and a proven operating history.

Established Retail Corridor
The property is located within a dense retail corridor anchored by nationally recognized tenants including Burlington, Ross, Five Below, TJ Maxx, Chipotle, and McDonald’s. These surrounding retailers generate consistent consumer traffic and create a strong synergy that supports cross-shopping and sustained visitation to the area. The concentration of national brands establishes a stable, necessity- and value-oriented retail environment.

New Construction Drive-Thru QSR
The Property features brand-new 2024 construction with drive-through accessibility, offering peak residual value and insulation from near-term capital expense exposure.

Absolute NNN Ground Lease
The newly-executed ground lease features 15 years of firm term with 10% rental increases every five years and in each of the four, 5-year renewal options. Tenant shall maintain entire property at its own expense, providing an income stream net of all operating expenses.