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19850 E Valley View Pkwy, Independence, MO , 64057
  • Size SF 4,184
  • Built/Renov2003
  • Price/SF
    $275
    $382
  • Lease Start08-01-2003
  • Rent/SF$26.77
  • Lease Type Abs NNN
  • Lot/AC1.34
  • Pop 5MI126,278
1,150,000
1,600,000
  • Cap Rate
    9.74%
     
    7.00%
  • NOI $112,016
  • R. Term/Yrs 3.0
  • Guarantor Corporate
  • # Units 370
  • In location for years

  • Near major nationals

  • Shopping Ctr out-parcel

  • Freeway visibility

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Strong demographics

  • Recently extended lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Hooters has been operating at this location since 2003
  • The tenant has over 5 years remaining on the current lease term with 1 (5-year) option to extend
  • Lease features 15% rental increase throughout the initial term and at the option period
  • Absolute NNN featuring zero landlord responsibility
  • Corporate guarantee by Hooters of America, LLC
  • Tenant Hooters (GL)
  • Guarantor Corporate
  • #Units 370
  • Stock Private

Hooters is a beach-themed casual restaurant that features music, sports on large flat screens, and a menu that includes seafood, sandwiches, burgers, salads, and of course, the restaurant's specialty, chicken wings. The first Hooters was opened in 1983 in Clearwater, Florida. Hooters is the registered trademark used by two American restaurant chains: Hooters, Inc. and Hooters of America, LLC. which is owned by the private investment firm Nord Bay Capital and TriArtisan Capital Advisors (as of 2019). While Hooters, Inc. retains control over restaurants in a few territories, Hooters of America, LLC sells franchising rights to the rest of the United States and international locations. Hooters of America, LLC is operator and franchisor of 370 locations in 35 states and 18 countries as of 2023. The privately held corporation also owns and operates 205 locations. Hooters, Inc., is headquartered in Clearwater, Florida, while Hooters of America, Inc. is headquartered in Atlanta, Georgia.

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