KFC
House Springs, MO
Key Details
| Annual Rent: | $69,198 |
|---|---|
| Address: | 43 Walters Place, House Springs, Missouri 63051 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Commencement: | 2/1/2017 |
| Lease Expiration: | 1/31/2037 |
| Lease Term Remaining: | 12 Years |
| Rental Increases: | 1.25% Annually |
| Lot Size: | 0.70 Acres |
| Building Size: | 2,890 SF |
| Year Built: | 1980 |
NNN Pro is pleased to present the exclusive listing for a KFC located at 43 Walters Place, House Springs, Missouri 63051. The site consists of roughly 2890 rentable square feet of building space on an estimated 0.7-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease, which commenced 2/1/2017. The current annual rent is $69,198 and has scheduled increases of 1.25% Annually.
About the Investment
- Strong Rental Increases | 1.25% Annual Rental Increases
- Attractive Real Estate Fundamentals | Positioned In Dense Retail Corridor Consisting of Many Local and National Tenants, Including McDonald's, Taco Bell, Hardee's, Dollar General, Walgreens, AutoZone, Captain D's, O'Reily Auto Parts, Jiffy Lube, Price Chopper, and Many More
- Strong Franchise Guarantor | Ampex Brands of St. Louis Operates Over 400 Different Sites
Key Details
| Annual Rent: | $69,198 |
|---|---|
| Address: | 43 Walters Place, House Springs, Missouri 63051 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Commencement: | 2/1/2017 |
| Lease Expiration: | 1/31/2037 |
| Lease Term Remaining: | 12 Years |
| Rental Increases: | 1.25% Annually |
| Lot Size: | 0.70 Acres |
| Building Size: | 2,890 SF |
| Year Built: | 1980 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Matthew Anuszkiewicz
manuszkiewicz@nnnpro.com
License: NY: 10401294046
Patrick Finn
pfinn@nnnpro.com
License: NY: 10301222858
Broker of Record
Brian Brockman
Bang Realty-Missouri, Inc
License: 2017032771
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.