For Sale

Abelardo’s Mexican Fresh | Independence, MO

Asking Price: $1,290,000 | Cap Rate: 7%

  • Net Operating Income: $90,000
  • Weighted Avg. Lease Term (WALT): 14.7 Years
  • Lease Type: Absolute Net

Property Highlights

  • Leased to Abedardo’s Mexican Fresh on a new 15-year absolute net lease; absolutely zero landlord responsibilities
  • Corporate guarantee from a strong regional tenant with 50+ locations across 6 states
  • Strong hedge against inflation; 10% rental escalations every 5 years
  • Easily accessible site; property benefits from multiple access points and full turn access traveling both North and South on Noland Rd.