Retail Business for Sale in Springfield, MO
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Springfield, MO 65802
Description
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
Market Context
This retail in Springfield, MO is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 67 days. Compare it against other retail listings for sale in Springfield, MO — <a href="/search/sale/retail/missouri/springfield">view the full market</a>.
Contact
- Robb Johnson · (858) 373-3130 · robb.johnson@marcusmillichap.com
- David Saverin · (314) 889-2555
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