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