1202 N Missouri St - Fast Food FOR SALE


Macon, MO 63552
$2,347,826 USD
781-776-4006
1202 N Missouri St, Macon, MO for Sale
$2,347,826 USD
Fast Food - FOR SALE
1/6
null | 5.75% Cap Rate

1202 N Missouri St
Macon, MO 63552


HIGHLIGHTS

  • Long-Term Sale Leaseback
  • Attractive Rent Increases
  • Zero Landlord Responsibilites
  • Strong Operator
  • Strategic Retail Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a single tenant Wendy’s investment property located at 1202 North Missouri Street in Macon, Missouri (the “Property”). The Property consists of a single-story, 3,552 square foot building with a drive-thru on 0.77 acres. Wendy’s will sign a new 20-year Absolute NNN Lease with six (6), 5-year renewal options at the close of escrow. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. Wendy’s is prominently located along North Missouri Street (US Highway 63), one of Macon’s primary commercial and commuter routes. The Property is positioned within the city’s main retail corridor and is surrounded by traffic-driving national and regional retailers including Walmart, Tractor Supply, and CVS. Convenient to Macon’s residential neighborhoods, schools, and Samaritan Hospital, the Property benefits from a strong built-in customer base, while its visibility along US Highway 63 and proximity to the junction with US Highway 36 provide excellent regional connectivity. Nearby attractions such as Long Branch State Park and the Maples Repertory Theatre further support consistent area demand.

FOR SALE DETAILS

PRICE

$2,347,826 USD

PRICE/SF

$661 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

B2

APN/PARCEL ID

070819-0516-01016-000500

ASK ABOUT THIS PROPERTY

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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