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2301 N Baltimore St
Kirksville, MO 63501
Retail Property For Sale
Investment Highlights
- New 2025 Upgraded Prototype Build w/Drive-Thru, No Early Termination Clause in Lease.
- Rent Increases During Initial Term Increase Avg Cap Rate to 6.62%, Four, 5-Year Option Periods with 7.5% Rent Increases Each.
- Excellent Traffic Visibility to Over 15,730 VPD at Signalized Corner.
- 15 Year Double Net Lease with 7.5% Rent Increases Every 5 Years, Double Net Lease Requires Minimal Landlord Responsibilities.
- Hobby Lobby Anchored Shopping Center Outparcel.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,447 SF
Building Class
C
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.79 AC
Zoning
C-1 - Commercial
Parking
9 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
102’ on North Baltimore Street
Property Taxes
| Parcel Number | 08-08.0-33-003-01-03.001 | Improvements Assessment | $0 |
| Land Assessment | $18,900 | Total Assessment | $18,900 |
Property Taxes
Parcel Number
08-08.0-33-003-01-03.001
Land Assessment
$18,900
Improvements Assessment
$0
Total Assessment
$18,900
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