Restaurant
Rally's
3730 Goodfellow Blvd, St. Louis, MO 63120
Listing Price: $1,258,867
Investment Overview
Marcus & Millichap is pleased to present the exclusive net lease offering for the Rally’s located at 3730 Goodfellow Boulevard, in St. Louis, Missouri. The site consists of roughly 747 rentable square feet of building space on estimated 0.59-acre parcel of land. This Rally’s features a triple-net (NNN) lease, with roughly 4.7 years of lease term remaining, which commenced on June 29th, 2007. The annual rent is $94,415 and is scheduled to increase by 7.50% Every 5 years throughout the base term and in each of the 4, 5-year renewal options.
Listing Price: $1,258,867
Investment Highlights
- Roughly 4.7 Years Remaining on an Original 20-Year Triple Net (NNN) Lease | Zero Landlord Responsibilities
- 7.50% Rental Increases Every 5 Years
- Four (4), Five (5)-Year Tenant Renewal Option Periods
Investment Overview
Marcus & Millichap is pleased to present the exclusive net lease offering for the Rally’s located at 3730 Goodfellow Boulevard, in St. Louis, Missouri. The site consists of roughly 747 rentable square feet of building space on estimated 0.59-acre parcel of land. This Rally’s features a triple-net (NNN) lease, with roughly 4.7 years of lease term remaining, which commenced on June 29th, 2007. The annual rent is $94,415 and is scheduled to increase by 7.50% Every 5 years throughout the base term and in each of the 4, 5-year renewal options.
