1134 N Sprigg St - Fast Food FOR SALE


Cape Girardeau, MO 63701
$1,250,000 USD
248-702-0288
1134 N Sprigg St, Cape Girardeau, MO for Sale
$1,250,000 USD
Fast Food - FOR SALE
1/3
null | 7.2% Cap Rate

1134 N Sprigg St
Cape Girardeau, MO 63701


HIGHLIGHTS

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • 25-Year Sale Leaseback Commencing at Close of Escrow
  • Newly Constructed Site Equipped with Outdoor Patio
  • Proven Operator with Over 30 Year of Experience in the Industry
  • Excellent Visibility with Frontage and Signage Along N Sprigg St Which Has Daily Traffic Counts Exceeding 11,150 Vehicles
  • Situated Directly Across from the Southeast Missouri State University Show Me Center - Multi-Purpose Arena with a Capacity of Over 7,350 People

OVERVIEW

25 Year Sale Leaseback | Absolute NNN | Franchise & Personal Guarantee

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$1,090 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rally's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,380 SF

ZONING

-

APN/PARCEL ID

16-715-00-07-00100-0000

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.