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Ulta Beauty (Liberty, MO)
249 S Stewart St | Liberty, MO 64048
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Property Summary
  • Price: $3,243,745
  • CAP Rate:  6.40%
  • Leasable Area: 9,933 SF
  • Status: Available
  • Lease Type: Double Net (NN)
  • Lease Term Remaining: 4 Years 
  • Guarantee: Corporate
  • NOI: $207,600
Investment Highlights
  • Great visibility & access off MO-152 (50,306 VPD) and Interstate-35 (62,410 VPD) inside the newly Liberty Commons Center

  • Publicly traded company on the Nasdaq

  • 10 Year original term lease with 4 years remaining.

  • Subject property is 9,993 SF / Condo within larger strip

  • Population growth is primarily driven by job growth by leading manufacturing, logistics, and distribution services

  • Missouri is one of the most business-friendly states and focused on growing its economy by providing economic incentives

  • Ulta Beauty currently has over 1,360 units spread over all 50 states in the United States with plans for an international expansion underway

  • 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

  • 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)

Phone: (714) 878-6004

Mobile: (949) 419-3240

Email: Nick.Cartus@Marcusmillichap.com

Lic. # 02025512

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Neil Naran

Phone:  (909) 456-3476

Mobile: (949) 842-9202

Email: Neil.Naran@Marcusmillichap.com

Lic. # 02025512

See Our

Deals  & Reports First

The Naran Group of Marcus & Millichap is a net lease investment group. Marcus & Millichap is the most dominant brokerage group in the country with more than 80+ offices and nearly 2,000 agents throughout the US and Canada. Marcus & Millichap currently closes more transactions than any other firm. 

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