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KFC 43 Walters Pl 2,890 SF Retail Building House Springs, MO 63051 For Sale
Investment Highlights
- Strong Rental Increases | 1.25% Annual Rental Increases
- Strong Franchise Guarantor | Ampex Brands of St. Louis Operates Over 400 Different Sites
- Attractive Real Estate Fundamentals | Positioned In Dense Retail Corridor Consisting of Many Local and National Tenants, Including McDonald's, Taco Be
Executive Summary
NN Pro is pleased to present the exclusive listing for a KFC located at 43 Walters Place, House Springs, MO 63051. The site consists of roughly 2,890 rentable square feet of building space on an estimated 0.7-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease, which commenced 2/1/2017. The current annual rent is $69,198 and has scheduled increases of 1.25% Annually.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,890 SF
Building Class
C
Year Built
1980
NOI
$69,198
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.70 AC
Zoning
CM1
Parking
36 Spaces (12.46 Spaces per 1,000 SF Leased)
Frontage
35’ on Walters Place
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 07-2.0-04.0-2-001-001.02 | Improvements Assessment | $103,300 |
| Land Assessment | $61,100 | Total Assessment | $164,400 |
Property Taxes
Parcel Number
07-2.0-04.0-2-001-001.02
Land Assessment
$61,100
Improvements Assessment
$103,300
Total Assessment
$164,400
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KFC | 43 Walters Pl
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