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Restaurant

KFC/LJS

240 N West Bypass, Springfield, MO 65802

Listing Price: $2,064,000

Cap Rate
6.00%
Tenant Name
KFC/LJS
Years Remaining On Lease
15.5
Guarantor
Franchisee Guarantee
Rentable SF
3,606
Lease Type
Absolute Net
Rent Per Square Feet
$34.36

Investment Overview

The subject property is a 3,606 square foot freestanding KFC/LJS with drive-thru. Situated in front of a King Food Saver grocery store, along N West Bypass (US 160), the property enjoys excellent exposure. Additional nearby national retailers include McDonald's, Maverik, Arby's, Burger King, 7-Brew, Simmons Bank, Ace Hardware, and many others. Supportive single and multi family residences surround the subject property.

Investment Highlights

  • 15 years remaining on an original 20-year absolute NNN lease providing 1.5% annual rent escalations
  • 188 unit franchisee of KFC
  • Pad building to King Food Saver Grocery Store

Exclusively Listed By

Broker of Record

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    License(s) MO: 2008013520

    Missouri

Listing Price: $2,064,000

Cap Rate
6.00%
Tenant Name
KFC/LJS
Years Remaining On Lease
15.5
Guarantor
Franchisee Guarantee
Rentable SF
3,606
Lease Type
Absolute Net
Rent Per Square Feet
$34.36

Investment Highlights

  • 15 years remaining on an original 20-year absolute NNN lease providing 1.5% annual rent escalations
  • 188 unit franchisee of KFC
  • Pad building to King Food Saver Grocery Store

Investment Overview

The subject property is a 3,606 square foot freestanding KFC/LJS with drive-thru. Situated in front of a King Food Saver grocery store, along N West Bypass (US 160), the property enjoys excellent exposure. Additional nearby national retailers include McDonald's, Maverik, Arby's, Burger King, 7-Brew, Simmons Bank, Ace Hardware, and many others. Supportive single and multi family residences surround the subject property.

Exclusively Listed By

Broker of Record

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    License(s): MO: 2008013520

    Missouri

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