633 E Springfield Rd - Fast Food FOR SALE
Sullivan, MO 63080 |
$1,626,549 USD
207-272-2425
633 E Springfield Rd
Sullivan, MO 63080
HIGHLIGHTS
- Absolute Triple Net (NNN) Lease | This investment property is subject to an absolute triple net (NNN) lease. Absolutely zero landlord responsibilities
- Corporate Guarantee from Jack in the Box | Founded in 1951, Jack in the Box is the fifth-largest hamburger quick-service restaurant chain in the US
- Excellent Site Commitment | This tenant has operated out of this location since 1990
OVERVIEW
Surmount is pleased to present the exclusive listing for a Jack in the Box located at 633 East Springfield Road, Missouri 63080. The site consists of roughly 2425 rentable square feet of building space on an estimated 1.06-acre parcel of land. This Jack in the Box is subject to a 40-year Triple Net (NNN) lease, which commenced 2/15/1990. The current annual rent is $91,900 and has scheduled increases of Variable.
FOR SALE DETAILS
PRICE
$1,626,549 USD
PRICE/SF
$671 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Jack in the Box
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.06 AC
LAND SF
46,174 SF
ZONING
-
APN/PARCEL ID
35-3-080-4-099-151000
ASK ABOUT THIS PROPERTY
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207-272-2425
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207-272-2425
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