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Raising Cane's Chicken Finger 1034 S Kirkwood Rd 2,724 SF Retail Building Kirkwood, MO 63122 $4,250,000 ($1,560.21/SF) 5.79% Cap Rate
INVESTMENT HIGHLIGHTS
- High-Quality Tenant
- Strong Lease Guarantor from Dominant Tenant
- Long-Term Triple-Net (NNN) Lease
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Raising Cane's Chicken Fingers located at 1034 S Kirkwood Road, Kirkwood, MO 63122. The site consists of roughly 2,724 rentable square feet of building space on an estimated 0.77-acre parcel of land. This Raising Cane's Chicken Fingers is subject to a 15-year Triple Net (NNN) lease, which commenced 10/15/2015. The current annual rent is $246,220 and has scheduled increases every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,724 SF
Building Class
B
Year Built
2015
Price
$4,250,000
Price Per SF
$1,560.21
Cap Rate
5.79%
NOI
$246,220
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.77 AC
Zoning
32B5 - Retail commercial
Frontage
32’ on S Kirkwood Rd
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $256,830 | |
| Land Assessment | $229,600 | Total Assessment | $486,430 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$229,600
Improvements Assessment
$256,830
Total Assessment
$486,430
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Raising Cane's Chicken Finger | 1034 S Kirkwood Rd
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