2808 N Kansas Expy - Retail FOR SALE


Springfield, MO 65803- Outer North Springfield | 
$1,384,714 USD
203-253-9455
2808 N Kansas Expy, Springfield, MO for Sale
$1,384,714 USD
Retail - FOR SALE
1/4
null | 7% Cap Rate

2808 N Kansas Expy
Springfield, MO 65803
Outer North Springfield


HIGHLIGHTS

  • Consistent Same-Store Sales Growth
  • Newer Construction
  • Established Annual Income
  • Needs-Based Service Concept

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 2808 North Kansas Expressway, Springfield, MO 65803. The site consists of roughly 1,640 rentable square feet of building space on an estimated 1.30-acre parcel of land. Take 5 Oil Change is subject to a 10-year Triple Net (NNN) lease, which commenced 3/3/2023. The current annual rent is $96,930 and has scheduled increases of 8.00% Every 5 Years in each option.

FOR SALE DETAILS

PRICE

$1,384,714 USD

PRICE/SF

$52 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

INC

APN/PARCEL ID

13-02-213-012

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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