126 S Stewart Rd - Fast Food FOR SALE
Liberty, MO 64068 |
$3,339,677 USD
332-345-4222
126 S Stewart Rd
Liberty, MO 64068
HIGHLIGHTS
- Long-Term NNN Lease | The site is subject to a 20 year lease with over 13 years remaining and no landlord responsibilities.
- 10 Years of Renewal Options | This lease features 2, 5-year options which brings the ultimate lease term to 30 years.
- Attractive Rental Increases | This lease features strong annual increases of 1.25% in the base term and options, providing significant income growth.
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Slim Chickens located at 126 Stewart Rd., Liberty, MO 64068. The site consists of roughly 2,992 rentable square feet of building space on an estimated 1.14-acre parcel of land. This Slim Chickens is subject to a 20-year Triple Net (NNN) lease, which commenced 10/1/2017. The current annual rent is $217,079 and has scheduled increases of 1.25% Annually.
FOR SALE DETAILS
PRICE
$3,339,677 USD
PRICE/SF
$576 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Slim Chickens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.14 AC
LAND SF
49,658 SF
ZONING
-
APN/PARCEL ID
14-319-00-01-003.11
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332-345-4222
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332-345-4222
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