533 US 24 - Retail FOR SALE


Moberly, MO 65270
$1,743,000 USD
415-515-0181
533 US 24, Moberly, MO for Sale
$1,743,000 USD
Retail - FOR SALE
1/5
null | 7% Cap Rate

533 US 24
Moberly, MO 65270


HIGHLIGHTS

  • Zero landlord maintenance or expense responsibilities, with all property-level costs the obligation of the tenant
  • Rental increases are structured at five-year periods within the base term, eliminating CPI exposure and providing a scheduled income trajectory
  • Two successive 5-year renewal options extend potential lease term through 2050
  • The subject property fronts U.S. Route 24 East, which runs intersects with U.S. Route 63 0.2 miles away, the center of Moberly’s commercial node
  • Immediately adjacent to an Arby’s, with a Walmart Supercenter and Lowe’s Home Improvement on the opposite side of U.S. Route 63

OVERVIEW

This offering presents a freestanding absolute NNN QSR asset positioned on the primary commercial corridor of Moberly, MO, with frontage on U.S. Route 24 East. The property is leased to KBP Foods, the largest KFC franchisee in the U.S. by unit count, operating approximately 832 KFC locations across 28 states and ranked #4 on the Franchise Times Restaurant 200 with $1.34B in 2023 sales. The lease commenced June 1, 2020, with a 20-year base term and two successive 5-year renewal options with rental increases, delivering structured income growth alongside zero landlord maintenance or expense responsibilities.

FOR SALE DETAILS

PRICE

$1,743,000 USD

PRICE/SF

$830 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

-

APN/PARCEL ID

07-7.0-25.0-4.0-000-006.000

ASK ABOUT THIS PROPERTY

Rachel KramCP Partners CREMore Info
415-515-0181

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Rachel KramCP Partners CREMore Info
415-515-0181

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