Kansas City, MO - Popeyes

Description:

• LB Consolidated LLC guaranteed lease
• 2+ years remaining with 2 (5-year) option periods to extend
• The lease features 2.25% annual rental increases throughout the remainder of the initial term and FMV increases throughout each option period

• The subject property is an outparcel to a Sun Fresh anchored center that features other national/credit tenants such as Pizza Hut, Rainbow Shops, Metro by T-Mobile, and others
• Less than two miles from a Costco and The Home Depot anchored center with other national/credit tenants including McDonald’s, Taco Bell, and Verizon
• The property is in the center of a primary retail corridor with other national/credit tenants such as Walgreens, Wingstop, AutoZone, Family Dollar, ALDI, and others
• Strong tenant synergy promotes crossover shopping to the subject property