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1022 Kingshighway St
Rolla, MO 65401
Burger King · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,727 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.77 AC
Parking
35 Spaces (9.39 Spaces per 1,000 SF Leased)
Frontage
179’ on Kingshighway

ABOUT 1022 KINGSHIGHWAY ST , ROLLA, MO 65401

CBRE is pleased to exclusively present for sale this Burger King property located on Kingshighway in Rolla, Missouri. This is an absolute-net lease deal with zero landlord responsibilities or expenses, offering a completely passive investment. There are rare 1.5% annual rental increases throughout the base term of the lease and in each option period. This long-term lease has 10 years remaining on its initial 20 year lease with four, five year options to renew. Burger King has been operating at this location for 32 years showing its commitment to and success at this established site. The lease is guaranteed by Tasty King, LLC which has 34 Burger King locations and is a subsidiary of Tasty Brands, LP which owns a total of 64 Burger King restaurants throughout Missouri, Iowa and Kansas. Burger King is situated on a large 1.77 acre parcel on I-44 Bus/Kingshighway with over 18,500 vehicles traveling by daily. This is a main retail and fast food corridor, with surrounding tenants including Kroger, McDonald's, Wendy's, Arby's and Pizza Hut. Burger King is also situated 1 mile from the Missouri University of Science and Technology with over 8,800 students enrolled. There are 5,572 people within 1 mile of the site, 22,969 people within 3 miles and 27,624 people within 5 miles. This NNN lease structure along with a strong location in the market place and proven historical success at this location makes this a strong investment for the astute investor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71-09-1.0-11-002-006-007.000
Land Assessment
$109,310
Improvements Assessment
$92,980
Total Assessment
$202,290
  • Listing ID: 14154490

  • Date on Market: 10/22/2018

  • Last Updated:

  • Address: 1022 Kingshighway St, Rolla, MO 65401

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