For Sale
ULTA | Belton, MO
Asking Price: $2,650,000 | Cap Rate: 6.5%
- Net Operating Income: $172,500
- Weighted Avg. Lease Term (WALT): 8 Years
- Lease Type: Net
Property Highlights
- Leased to ULTA Beauty with 8.1 years remaining on initial 10-year lease
- High-quality construction; Phase II of III was completed in 2018
- Corporate guarantee; ULTA Beauty (NASDAQ: ULTA)
- Belton, MO has started construction on over 3 million SF, including development for three national companies