500 W Business 36 Hwy - Restaurant FOR SALE
Chillicothe, MO 64601 |
$1,574,000 USD
858-449-4864
500 W Business 36 Hwy
Chillicothe, MO 64601
HIGHLIGHTS
- Absolute NNN Lease – There are zero landlord responsibilities or expenses, providing 100% passive income to the landlord.
- Proximity to Major Retailers – Situated in a highly trafficked area with proximity to major retail hubs, including a Walmart Supercenter and Lowe’s,
- Strategic Access – The property offers convenient access off Hwy 36 (Kansas City Expy) and is located in a high-traffic area, maximizing accessibility
- Low Competition – The Applebee’s is the only national franchised casual diner within a ±20-mile radius of the property.
- Strong Economic Base – Chillicothe’s diverse economy, driven by agriculture, retail, and regional tourism, offers resilience
- National Tenant – Applebee’s Grill + Bar, a subsidiary of DineEquity, INC. is one of the largest casual dining restaurant chains in the world with ove
FOR SALE DETAILS
PRICE
$1,574,000 USD
PRICE/SF
$437 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Applebee's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.24 AC
LAND SF
54,014 SF
ZONING
-
APN/PARCEL ID
11-01.00-12-0-00-01.06
ASK ABOUT THIS PROPERTY
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858-449-4864
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858-449-4864
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