

Ulta Beauty (Liberty, MO)
249 S Stewart St | Liberty, MO 64048

Property Summary
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Price: $2,965,714
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CAP Rate: 7.00%
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Leasable Area: 9,933 SF
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Status: Available
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Lease Type: Double Net (NN)
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Lease Term Remaining: 4 Years
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Guarantee: Corporate
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NOI: $207,600
Investment Highlights
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Great visibility & access off MO-152 (50,306 VPD) and Interstate-35 (62,410 VPD) inside the newly Liberty Commons Center
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Publicly traded company on the Nasdaq
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10 Year original term lease with 4 years remaining.
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Subject property is 9,993 SF / Condo within larger strip
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Population growth is primarily driven by job growth by leading manufacturing, logistics, and distribution services
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Missouri is one of the most business-friendly states and focused on growing its economy by providing economic incentives
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Ulta Beauty currently has over 1,360 units spread over all 50 states in the United States with plans for an international expansion underway
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The Liberty Commons development consists of anchor tenants including Academy Sports + Outdoors, Hobby Lobby, Off Broadway, Five Below, and Petco. Additional tenants include Slim Chickens, Saltgrass, Lion’s Choice
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Liberty Commons along with its adjacent counterparts are home to master anchor tenants including Lowe’s, Walmart, Home Depot, HyVee Grocery, Target, Best Buy, and Sam's Club
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Nick Cartus (Lead Contact)

Neil Naran

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