Investment Overview

Marcus & Millichap is pleased to offer for sale the Burger King located at 1317 Preacher Roe Boulevard in West Plains, Missouri. The property operates under an absolute NNN lease with zero landlord responsibilities, providing investors with truly passive income backed by one of the world’s most recognized quick-service restaurant brands, this asset offers a dependable and predictable income stream. The lease features 10 percent rent increases every five years and includes four additional five-year renewal options, ensuring built-in income growth and enhancing long-term yield. Currently, the property operates at a below-market rental rate of $21.81 per square foot, offering significant long-term appreciation potential as market rents in the region continue to rise. Further strengthening the investment, the property is operated by Tasty Restaurant Group, a well-established and reputable Burger King franchisee that manages 450 locations across six major brands. West Plains serves as the primary destination for commercial, medical, educational, and service needs across a vast multistate trade area that spans rural Missouri and northern Arkansas. This regional role generates a stable customer base that far exceeds the city’s resident population, as tens of thousands of people from surrounding communities travel to West Plains for essential shopping, healthcare, and daily requirements. The property is strategically located at a signalized intersection that connects directly to the Walmart-anchored Southern Hills Shopping Center, the most dominant retail destination within a 50-mile radius. Southern Hills ranks not only as the most-visited shopping destination in the region but also within the top 15 percent of all shopping centers statewide in Missouri. Preacher Roe Boulevard is one of the city’s key commercial corridors, directing local commuters, weekend shoppers, and rural visitors through the retail district. This enhances the property’s visibility, accessibility, and capability to capture impulse-driven demand for quick-service restaurants.