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Slim Chickens 126 S Stewart Rd 2,992 SF Retail Building Liberty, MO 64068 $3,139,896 ($1,049.43/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term NNN Lease | The site is subject to a 20 year lease with over 13 years remaining and no landlord responsibilities.
- Attractive Rental Increases | This lease features strong annual increases of 1.25% in the base term and options, providing significant income growth.
- 10 Years of Renewal Options | This lease features 2, 5-year options which brings the ultimate lease term to 30 years.
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Slim Chickens located at 126 Stewart Rd., Liberty, MO 64068. The site consists of roughly 2,992 rentable square feet of building space on an estimated 1.14-acre parcel of land. This Slim Chickens is subject to a 20-year Triple Net (NNN) lease, which commenced 10/1/2017. The current annual rent is $217,079 and has scheduled increases of 1.25% Annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,992 SF
Building Class
C
Year Built
2017
Price
$3,139,896
Price Per SF
$1,049.43
Cap Rate
7%
NOI
$219,793
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.14 AC
Zoning
C - Commercial
Parking
35 Spaces (6.03 Spaces per 1,000 SF Leased)
Frontage
50’ on South Stewart Road
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-319-00-01-003.11 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $551,200 |
PROPERTY TAXES
Parcel Number
14-319-00-01-003.11
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$551,200
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Slim Chickens | 126 S Stewart Rd
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