300 S Jefferson Ave - Fast Food FOR SALE


Lebanon, MO 65536
$2,000,000 USD
650-274-5227
300 S Jefferson Ave, Lebanon, MO for Sale
$2,000,000 USD
Fast Food - FOR SALE
1/1
null | 6.5% Cap Rate

300 S Jefferson Ave
Lebanon, MO 65536


OVERVIEW

Long Term 20-Year Absolute Triple Net (NNN) Lease, signed in July 2023 (nearly 18 years remain). 2.00% annual rental increases through year 6, then 1.50% annually for the remainder of the lease. Franchisee tenant operates ±170 Units. Dense retail corridor: Lowe’s, Walmart Supercenter, ALDI, McDonald’s, Wendy’s, Applebee’s, Subway, Sonic Drive-In, Arby’s, Burger King, Denny’s, and Many More. Strong Traffic Counts | Nearly 22,000 and 40,000 Vehicles Per Day Along S Jefferson Ave and Interstate-44.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$579 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

-

APN/PARCEL ID

13-1.0-11-002-029-004.001

ASK ABOUT THIS PROPERTY

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650-274-5227

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Bryan DanforthCompass CommercialMore Info
650-274-5227

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