1269 Spur Dr
Marshfield, MO 65706
Burger King · Retail Property For Sale

LONG TERM STABILIZED INVESTMENT - Strong Performing Store – Location has had strong sales before and through the pandemic.  Tenant has not requested rent assistance and has been current on lease - Long-Term Lease – There are ± 18 years remaining on the original 20-year lease with four (4), 5-year options for the tenant to extend - Strong Hedge Against Inflation – There are 7.50% increases in rent every 5 years, allowing properties to keep up with rising market rents - Fee Simple Ownership – Sale includes land and improvements, allowing owners to depreciate the improvements over a 39-year depreciation schedule - Absolute NNN Lease – Landlord has zero landlord responsibilities, the tenant takes care of insurance, real estate taxes, and maintenance - Latest Prototype – Brand new construction EXCELLENT LOCATION IN STRONG RETAIL AREA - Strong Retail Corridor – Tenants immediately surrounding the property include McDonald’s, Shell, Sonic, Pizza Hut, Dairy Queen, Walgreens, US Bank, Dollar General, O’Reilly Auto Parts, and AutoZone, with other national tenants close by - Stop-and-Go Location – Burger King is conveniently located off I-44 which sees over 34,000 car in average daily traffic – I-44 connects St. Louis to Springfield, which are two of Missouri’s most recognizable cities SEASONED OPERATOR OF AN EXCELLENT BRAND - Broadway Restaurant Group operates 60+ locations in the greater St. Louis and surrounding areas - High Growth Operator - Franchisee currently has 5+ units in the development pipeline - Operator with Strong Fundamentals – Broadway Restaurant Group is a sophisticated operator – It is well capitalized for smart revenue and unit growth - Iconic Brand – Established in 1954, Burger King has grown to over 15,000 units worldwide