Retail Space /MO /Boone County /Centralia /600 E Highway 22
Retail Space /MO /Boone County /Centralia /600 E Highway 22

600 E Highway 22 - Fast Food FOR SALE


Centralia, MO 65240 | 
$648,000 USD
845-245-7122
600 E Highway 22, Centralia, MO for Sale
$648,000 USD
Fast Food - FOR SALE
1/4
null | 6.75% Cap Rate
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600 E Highway 22
Centralia, MO 65240

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HIGHLIGHTS

  • 11+ Years Remaining | Options To Extend | 1.50% Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Frontage On MO-22 | Primary Retail Corridor | Limited Competition | Strong Tenant Synergy
  • Proximity To Hubbell Plastics Centralia Campus (800 Employees)

OVERVIEW

• Over 11 years of remaining primary term with four (4) 5-year renewal options • 1.50% annual rental increases throughout the primary term and option periods support NOI growth and provide a built-in hedge against inflation

FOR SALE DETAILS

PRICE

$648,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

B-2

APN/PARCEL ID

04-220-00-00-011-00-01,04-220-00-03-001-00-01

ASK ABOUT THIS PROPERTY

William DonlonSRS National Net LeaseMore Info
845-245-7122

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William DonlonSRS National Net LeaseMore Info
845-245-7122

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

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