8716 Veterans Memorial Pky - Fast Food FOR SALE
O'Fallon, MO 63366 |
8716 Veterans Memorial Pky
O'Fallon, MO 63366
HIGHLIGHTS
- Absolute Triple-Net (NNN) Lease with 17 Years Remaining - Drive Thru Location
- Franchisee and Lease Guarantor is an 800+ Unit Operator of KFC and Taco Bell - Over $1 Billion in Sales
- 10 Percent Rental Increases Every Five Years
- 156,066 Residents within a Five-Mile Radius - St. Louis MSA
- Population and Households Projected to Increase Six to Seven Percent in the Immediate Area by 2027
- Dense Retail Corridor - Surrounding Retailers Include At Home, Schnucks, ALDI, Walmart, Lowe's, The Home Depot, McDonald's, and Goodwill
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
KFC - 800+ Unit Guarantor
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
2497
STORIES
1
YEAR BUILT
2016
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
2-057D-S029-00-0038.0000000
