Commercial Opportunity 6+% Return on 13 year Contract!!
269 S Stewart Rd, Liberty, MO 64068
As an investor, properties with substantial return and certainty of stability are not easy to come by. An investment with these qualities with the potential for incredible growth into the future are even more rare. This commercial real estate opportunity, home to Academy Sports & Outdoors, checks those boxes, and then some.
Situated at the West end of the bustling Liberty Commons, the quality of location of this free-standing 62,912 square foot building is unsurpassed by similar opportunities available on the market today. Liberty, Missouri is one of the fastest developing municipalities in the Kansas City Metropolitan area.
This key positioning along with the strength of Academy Sports & Outdoors makes this a relationship poised for great success throughout the 13 years remaining on the current contract. With 3 additional 5 year rental options there is great value offering increased return well into the future.
The possibilities don't stop with the current renter, however. As an anchor tenant in Liberty Commons, Academy's rate of rent averages $8.34/square ft over the current lease term. Other tenants in the shopping center are renting at an average of $16-25/square foot meaning the ability to command substantially more than the current average of monthly incomes of over $43,000 upon completion of the current rental term.
Current Contract - ($43,734 Avg)($6,647,692 Total)
$40,631 Monthly $487,568 Yearly (32 months left)
$43,252 Monthly $519,024 Yearly (Years 6-10)
$45,873 Monthly $550,480 Yearly (Years 11-15)
Contract Options - (Additional $9,200,880)
$48,495 Monthly $581,936 Yearly (Years 16-20)
$51,116 Monthly $613,392 Yearly (Years 21-25)
$53,737 Monthly $644,848 Yearly (Years 26-30)
Tenant is responsible for rent, taxes, assessments, insurance, utilities, maintenance, and repairs.
Landlord is responsible for the roof and structure. The roof has a 20 year warranty.
For more information on this unique investment opportunity, call Jeff Quinn at 660-734-3925.
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