Historical Retail Sale Listing - Long-Term NNN Taco Bell - 230+ Store Franchisee

Retail For Sale

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Long-Term NNN Taco Bell - 230+ Store Franchisee

412 N State St, Desloge, MO 63601

N/A

1,944 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
1,944 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
6.75%
Tenancy:
Single
Lot Size:
0.50 AC
Listing ID
17915196
Last Updated
over 1 year ago

Highlights

  • Adjacent to Wal-Mart Supercenter.
  • Leased to K-Mac Enterprises, Inc. Founded in 1964, K-Mac now owns over 230 restaurants across three different brands.
  • Long term lease: 11 years remaining on initial term.
  • Absolute NNN: tenant is responsible for all repairs and improvements.
  • Attractive annual rental increases.
  • Four, five-year renewal options, under the same terms and conditions of the original lease term.

Description

CB Richard Ellis|Oklahoma has been exclusively retained to market for sale
this absolute NNN retail property leased to K-Mac Enterprises, Inc. on a long term lease. The property is approximately 1,944 square feet and is located at
the intersection of US Highway 8 and N. State Street.

A Walmart Supercomputer is located across the street of the property to the west, along US Highway 8. The site is also next to McDonald's, Burger King, Pizza Hut and Jack in the Box.

Map of 412 N State St, Desloge, MO 63601 (Saint Francois County)

Research for 412 N State St, Desloge, MO 63601 (Saint Francois County)

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Created 11/14/2012