Views: 0 DOM: 86 Updated: 11.28.23 Posted: 09.15.23 Status: Active


Price $2,200,000
Built/Renov 2000
Tenant SiteOne Landscape Supply
Cap Rate 6.00%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 5,792
Lease Start 11-01-2016
#Units 590
Price/SF $379.83
Expiration 10-31-2033
Tenant Type General Retail
NOI $132,000
R. Term 9.10
Ownership Fee Simple
Rent/SF $22.79
Increases 8.0%/4/yrs
Pop 5Mi 222,913
Lot/AC 16.99
Options 2/5yrs/2%
AHHI 5Mi $139,127

Lease Highlights

  • Newly executed 10-year lease extension
  • 8% rent increase in November 2028 and 2% annual increases in options
  • Over $1.3mm in guaranteed income over the primary term of the lease
  • Rare opportunity to acquire a large income producing land parcel at a low basis ($129,488/AC) | Excellent residual land value | Minimal landlord responsibilities
  • Corporate guaranteed lease

Location Description

SiteOne Landscape Supply is ideally located along West 143rd St. which sees 11,400 vehicles passing by daily, and within close proximity to US Hwy 69 (88,700 VPD). The site benefits from strong demographics, with 222,913 living within a 5-mile radius. This is one of the most affluent zips codes southwest of Kansas City, with an average household income of $171,493 within 1-mile of the...



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  • Tenant: SiteOne Landscape Supply, LLC
  • Guarantor:Corp T and Rated
  • Company:SiteOne Landscape Supply Inc.
  • # Units:590
  • Tenant S&P: BB
  • Moody’s: Ba1
  • Stock:NYSE: SITE

About Tenant

SiteOne Landscape Supply Inc. (NYSE: SITE), is the largest and only national wholesale distributor of landscaping products in the United States and Canada. Created in 2015 from its predecessor...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 9,352 95,975 227,001
2023 Total Population : 9,179 94,507 222,913
2023 Employed Civilian Pop : 5,157 51,684 123,560
2023 Total Businesses : 82 2,123 9,194
2023 Average Household Income : $ 171,493 $ 160,287 $ 139,127
2023 Total Consumer Spending : $ 458 M $ 4469 M $ 10087 M
2023 Median Age : 34 37 37
2023 Total Households : 3,196 33,182 85,361
2023 Pop Age 25+: Bachelor's Degree : 2,629 25,098 55,033
2023 Average Home Value : $ 437,105 $ 426,802 $ 395,905
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
West 143rd Street Westgate St 2021 4,227 0.17 mi
W 143rd St W 142nd St 2011 7,300 0.22 mi
Pflumm Rd S Summit St 2011 7,000 0.34 mi
Pflumm Road S Summit St 2018 6,580 0.35 mi
Pflumm Road 129th St 2021 6,335 0.39 mi
W 143rd St Gallery St 2011 8,600 0.43 mi
Pflumm Road W 147th St 2018 6,580 0.47 mi
West 143rd Street Quivira Rd 2018 4,170 0.53 mi
Pflumm Road W 147th St 2021 6,669 0.56 mi
W 143rd St Quivira Rd 2011 7,300 0.59 mi

Listing Broker

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