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1501 S Business 54 2,448 SF 100% Leased Retail Building Eldon, MO 65026 $2,002,000 ($817.81/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- New 25 Year Absolute NNN Lease | 1.0% Annual Increases | Zero Landlord Responsibilities.
- Tenant on Lease Includes 350+ Unit Entity (K-MAC Enterprises).
- Median Home Value More than $137,000 within 3 Mile Radius.
- Former KFC/Taco Bell Completely Remodeled in 2025.
- Nearly 7,000 People within 3 Mile Radius.
- More than 9,000 VPD on S Business 54.
EXECUTIVE SUMMARY
Fortis Net Lease is pleased to present the opportunity to acquire a long-term, absolute NNN-leased Taco Bell property located at 1501 S Business 54, Eldon, MO 65026. K-MAC Enterprises recently signed a new 25-year lease that will expire in November 2050. The absolute NNN lease requires zero landlord responsibilities and includes 1.0% annual
increases to hedge against inflation. These rent escalations are also included in the Four (5) five-year option periods. K Mac Enterprises is a best in class 350+ Unit Taco Bell
Franchisee. The lease is backed by the entire 350+ Unit K Mac Entity. This building was formerly a KFC Taco Bell and was completely remodeled in 2025 and rebranded as a
stand alone Taco Bell. The property is strategically positioned along Eldon’s primary retail corridor. Other adjacent national retailers include Walmart, Tractor Supply, Dollar
Tree, O'reilly Auto Parts, McDonalds and many others. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC.
increases to hedge against inflation. These rent escalations are also included in the Four (5) five-year option periods. K Mac Enterprises is a best in class 350+ Unit Taco Bell
Franchisee. The lease is backed by the entire 350+ Unit K Mac Entity. This building was formerly a KFC Taco Bell and was completely remodeled in 2025 and rebranded as a
stand alone Taco Bell. The property is strategically positioned along Eldon’s primary retail corridor. Other adjacent national retailers include Walmart, Tractor Supply, Dollar
Tree, O'reilly Auto Parts, McDonalds and many others. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,448 SF
Building Class
C
Year Built/Renovated
1991/2025
Price
$2,002,000
Price Per SF
$817.81
Cap Rate
5.25%
NOI
$105,114
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.22 AC
Zoning
C-1 - Commercial
Parking
14 Spaces (5.72 Spaces per 1,000 SF Leased)
Frontage
83’ on South Business 54
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $83,150 | |
| Land Assessment | $37,650 | Total Assessment | $120,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$37,650
Improvements Assessment
$83,150
Total Assessment
$120,800
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1501 S Business 54
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