Restaurant
Burger King
875 East U.S. Highway 60, Monett, MO 65708
Listing Price: $1,595,000
Investment Overview
Marcus & Millichap is pleased to present an Absolute Net Leased Burger King with 1.5% annual rent increases. The base lease term has 3 years remaining and there are four option periods for the tenant to extend the term for five years each. The Burger King is well-located at a hard corner site situated along East U.S. Highway 60 and is an outparcel to a Walmart Supercenter. The reported traffic count at the property exceeds 11,000 vehicles per day. The building is 3,619 square feet, positioned on a 1.03-acre parcel. Other nearby tenants include Lowe's, Dollar Tree, Murphy Gas, Domino's, O’Reilly, Arby’s, Taco Bell, Subway and Days Inn. The property also benefits from close proximity to Monett Intermediate School, Monett High School, the Monett Police Department, and multiple churches all within one mile of this Burger King restaurant. Tasty King is the franchisee operator, operating under the parent company Tasty Brands, LP.
Investment Highlights
- Absolute NNN Lease, No Landlord Responsibilities
- 1.5% Annual Rent Increases
- 11,000+ Population, 3 Mile Radius
Exclusively Listed By
Broker of Record
Listing Price: $1,595,000
Investment Highlights
- Absolute NNN Lease, No Landlord Responsibilities
- 1.5% Annual Rent Increases
- 11,000+ Population, 3 Mile Radius
Investment Overview
Marcus & Millichap is pleased to present an Absolute Net Leased Burger King with 1.5% annual rent increases. The base lease term has 3 years remaining and there are four option periods for the tenant to extend the term for five years each. The Burger King is well-located at a hard corner site situated along East U.S. Highway 60 and is an outparcel to a Walmart Supercenter. The reported traffic count at the property exceeds 11,000 vehicles per day. The building is 3,619 square feet, positioned on a 1.03-acre parcel. Other nearby tenants include Lowe's, Dollar Tree, Murphy Gas, Domino's, O’Reilly, Arby’s, Taco Bell, Subway and Days Inn. The property also benefits from close proximity to Monett Intermediate School, Monett High School, the Monett Police Department, and multiple churches all within one mile of this Burger King restaurant. Tasty King is the franchisee operator, operating under the parent company Tasty Brands, LP.
Exclusively Listed By
Broker of Record