Office
Wyndham Corporate Office
240 Terrace Rd, Branson, MO 65616
Listing Price: $4,830,000
Investment Overview
Marcus and Millichap is pleased to announce the opportunity to acquire a three-story +/- 31,881 square foot corporate and sales office building (“Property” or “Asset”) located at 240 Terrace Road in Branson, Missouri (Springfield-Branson MSA). The Asset is 100% occupied on a long-term NNN to Wyndham Vacation Ownership, Inc., with Wyndham Worldwide Corporation as the guarantor (“Tenant”). The Tenant just executed a recent lease extension.
The Asset was constructed in 1993 and previously served as a multi-tenant building, prior to a full renovation for the Tenant in 2013 as part of their long-term lease. The Asset sits on a large +/-3.99-acre parcel and a robust +/-6.87 per 1,000 SF parking ratio. The building is perched on a hillside adjacent to Highway 156. In addition, this corporate office is strategically located overlooking the Club Wyndham Mountain Vista, a premier Wyndham Destination hotel.
The Asset serves as a key corporate office for the Tenant. The Tenant signed a long-term lease in 2013 and just utilized their first renewal option period, bringing the firm remaining lease term out through April 2030. The lease is structured as a standard NNN, with the landlord only responsible for the building’s structure, the replacement of the roof and remaining useful life of the cost of the HVAC or elevator, if replaced by the Tenant during the term. The lease features the lesser of CPI or 1.00% annual rent escalations, with one (1) five (5)-year renewal option remaining at a continuation of the existing rent increase structure.
Investment Highlights
- 100% leased to Wyndham Vacation Ownership, Inc., with Wyndham Worldwide Corporation as the guarantor
- Wyndham's parent company, Travel + Leisure carries a BB- credit rating from Fitch, reporting a revenue of $3.75 billion in 2023 with an EBITDA of $848 million and a net income of $396 million
- The Tenant has leased the building since 2013 and recently signed a lease extension bringing lease expiration through April 2030
Listing Price: $4,830,000
Investment Highlights
- 100% leased to Wyndham Vacation Ownership, Inc., with Wyndham Worldwide Corporation as the guarantor
- Wyndham's parent company, Travel + Leisure carries a BB- credit rating from Fitch, reporting a revenue of $3.75 billion in 2023 with an EBITDA of $848 million and a net income of $396 million
- The Tenant has leased the building since 2013 and recently signed a lease extension bringing lease expiration through April 2030
Investment Overview
Marcus and Millichap is pleased to announce the opportunity to acquire a three-story +/- 31,881 square foot corporate and sales office building (“Property” or “Asset”) located at 240 Terrace Road in Branson, Missouri (Springfield-Branson MSA). The Asset is 100% occupied on a long-term NNN to Wyndham Vacation Ownership, Inc., with Wyndham Worldwide Corporation as the guarantor (“Tenant”). The Tenant just executed a recent lease extension. The Asset was constructed in 1993 and previously served as a multi-tenant building, prior to a full renovation for the Tenant in 2013 as part of their long-term lease. The Asset sits on a large +/-3.99-acre parcel and a robust +/-6.87 per 1,000 SF parking ratio. The building is perched on a hillside adjacent to Highway 156. In addition, this corporate office is strategically located overlooking the Club Wyndham Mountain Vista, a premier Wyndham Destination hotel. The Asset serves as a key corporate office for the Tenant. The Tenant signed a long-term lease in 2013 and just utilized their first renewal option period, bringing the firm remaining lease term out through April 2030. The lease is structured as a standard NNN, with the landlord only responsible for the building’s structure, the replacement of the roof and remaining useful life of the cost of the HVAC or elevator, if replaced by the Tenant during the term. The lease features the lesser of CPI or 1.00% annual rent escalations, with one (1) five (5)-year renewal option remaining at a continuation of the existing rent increase structure.

