1501 S Business 54 - Fast Food FOR SALE


Eldon, MO 65026
$2,002,000 USD
248-419-3811
1501 S Business 54, Eldon, MO for Sale
$2,002,000 USD
Fast Food - FOR SALE
1/5
null | 5.25% Cap Rate

1501 S Business 54
Eldon, MO 65026


HIGHLIGHTS

  • New 25 Year Absolute NNN Lease | 1.0% Annual Increases | Zero Landlord Responsibilities.
  • Former KFC/Taco Bell Completely Remodeled in 2025.
  • Tenant on Lease Includes 350+ Unit Entity (K-MAC Enterprises).
  • Nearly 7,000 People within 3 Mile Radius.
  • Median Home Value More than $137,000 within 3 Mile Radius.
  • More than 9,000 VPD on S Business 54.

OVERVIEW

Fortis Net Lease is pleased to present the opportunity to acquire a long-term, absolute NNN-leased Taco Bell property located at 1501 S Business 54, Eldon, MO 65026. K-MAC Enterprises recently signed a new 25-year lease that will expire in November 2050. The absolute NNN lease requires zero landlord responsibilities and includes 1.0% annual increases to hedge against inflation. These rent escalations are also included in the Four (5) five-year option periods. K Mac Enterprises is a best in class 350+ Unit Taco Bell Franchisee. The lease is backed by the entire 350+ Unit K Mac Entity. This building was formerly a KFC Taco Bell and was completely remodeled in 2025 and rebranded as a stand alone Taco Bell. The property is strategically positioned along Eldon’s primary retail corridor. Other adjacent national retailers include Walmart, Tractor Supply, Dollar Tree, O'reilly Auto Parts, McDonalds and many others. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC.

FOR SALE DETAILS

PRICE

$2,002,000 USD

PRICE/SF

$818 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,054 SF

ZONING

C-1

APN/PARCEL ID

052004004003001000,052004004003001001

ASK ABOUT THIS PROPERTY

Marvin DeLauraFortis Net LeaseMore Info
248-419-3811

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Marvin DeLauraFortis Net LeaseMore Info
248-419-3811

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