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31455450
31455451

1901 E North Ave, Belton, MO 64012

JS
TX 594304
Net Leased Advisors
MR
TX TX 646825
Net Leased Advisors
KN
TX TX - 829286
Net Leased Advisors
Listed by Net Leased Advisors
$2,962,962
95 days on market
Updated 10 days ago

Olive Garden

Details
Property Type Retail
Sub Type Restaurant
Square Footage 6,501
Cap Rate 5.4%
NOI $160,000
Occupancy 100%
Tenancy Single
Brand/Tenant Olive Garden
Lease Type Absolute NNN
Lease Term 10.1
Lease Expiration 05/01/2036
Remaining Term 9.8
Rent Bumps Yes
Lease Options (4) 5-Year Options
Price per SqFt $456
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 1.790
Parking Spaces 20 per 1,000 sq ft
Investment Type Net Lease
Lease Commencement 04/15/2026
Occupancy Date 04/15/2026
Ground Lease Yes
Ownership Ground Lease

2026 Olive Garden Abs. NNN Ground Lease Retail | 5.40% CAP | 1.79 Ac Parcel

Marketing description

2026 construction Olive Garden in Belton, M0. The 10-year Abs. NNN Ground Lease has (4) 5-year renewal options with 10% increases every 5-years. Olive Garden opens April 15, 2026 and occupies a 1.79 acre parcel with 130 parking spaces.

The property is situated between North Cass Shopping Center and Cedar Tree Shopping Center, at the Southwest corner of SH-58 and I-49. Olive Garden's location provides excellent access to both I-49 (VPD 56,099) and SH-58 (VPD 31,138). This is the only Olive Garden within a 10-mile radius.

Olive Garden sits in the center of a dense retail trade area, adjacent to Walmart, Sam's Club, Home Depot, Target, Tractor Supply, Lowe's, and various restaurant groups. The demographics in the 5-mile radius include a population of 65,591 with a household income of $128,629.

Investment highlights

  • 10 Year Abs. NNN Ground Lease with Darden Corporate Guaranty
  • 1.79 Acre Lot
  • 2026 Construction; Opening April 15, 2026
  • Only Olive Garden Restaurant within 10 Mile Radius
  • 130 Parking Spaces
  • Immediate Access to SH 58 and I 49 (+56,000 VPD)
  • Excellent Visibility and Frontage at the intersection of I 49 and SH 58 (+31,130 VPD)

Listing Contacts

JS
TX 594304
Net Leased Advisors
MR
TX TX 646825
Net Leased Advisors
KN
TX TX - 829286
Net Leased Advisors
Listed by Net Leased Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$160,000.00
$13,333.33/mo

Valuation Metrics

0
DSCR
5.4%
Cap Rate
5.4%
ROI

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Additional Information

Name
Brian Brockman
License
2017032771
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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