4200 Sterling Ave, Kansas City, MO 64130

Kansas City MSA
The Kansas City MSA is 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 on a high-visibility corner lot directly off the Interstate 70 exit, offering excellent access and exposure to regional traffic. Interstate 70 carries more than 60,000 vehicles per day, while Sterling Avenue provides an additional 10,400 vehicles per day, supporting consistent local and commuter traffic. This strategic location along a major east–west transportation corridor enhances long-term visibility and customer accessibility.

Strong Store Performance
The location demonstrates strong operating performance with approximately 311,000 annual visits and $3.6 million in annual sales. The store ranks in the top 73% of Whataburger locations statewide and in the top 77% within a 15-mile radius, reflecting competitive market positioning and consistent consumer demand. The property’s established sales volume and customer traffic indicate a stable and proven operating history.

Established Retail Corridor
The property is located within a dense retail trade area featuring nationally recognized tenants including Walmart Supercenter, Lowe’s, Chipotle, McDonald’s, and Starbucks. The nearby Walmart generates approximately 2.8 million annual visits and $148.1 million in annual sales, serving as a major traffic driver for the corridor, while Lowe’s contributes an additional 528,400 annual visits and $30.1 million in sales. The surrounding national retailers create a strong, necessity-driven retail environment that supports consistent consumer activity.

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.