200 E Nifong Blvd - Fast Food FOR SALE


Columbia, MO 65203
$1,522,000 USD
954-703-3602
200 E Nifong Blvd, Columbia, MO for Sale
$1,522,000 USD
Fast Food - FOR SALE
1/11
null | 5.75% Cap Rate

200 E Nifong Blvd
Columbia, MO 65203


HIGHLIGHTS

  • 8+ Years Remaining | Scheduled Rental Increases | Growing Brand
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools
  • Signalized, Hard Corner Intersection | Excellent Visibility
  • Strong Demographics in 5-mile Trade Area | Direct Consumer Base

OVERVIEW

• The tenant currently has 8+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation • 7 Brew is a rapidly growing beverage brand, with more than 600 locations, that is revolutionizing how customers experience drive-thru coffee service and think about their morning energy boost • The rent increase in 2029 will bringing the cap rate to a 6.32%

FOR SALE DETAILS

PRICE

$1,522,000 USD

PRICE/SF

$2,558 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7-Brew - Columbia MO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

C-3

APN/PARCEL ID

16-911-00-01-275-00-01

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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