BURGER KING

1269 Spur Drive, Marshfield, MO 65706
$2,414,000

Cap Rate
5.80%
Year Built
2019
Leasable Area
3,100 SF
Term Remaining
19 YRS
NOI
$140,000

Broker of Record

  • Kyle Matthews
  • License No. 2017010164 (MO)
  • (310) 919-5757
  • Matthews Real Estate Investment Services
  • 841 Apollo Street Suite 150,
    El Segundo, CA 90245

INVESTMENT HIGHLIGHTS

  • Long-Term Lease – There are ± 19 years remaining on the original 20-year lease with four (4), 5-year options for the tenant to extend
  • Strong Hedge Against Inflation – There are 7.50% increases in rent every 5 years, allowing properties to keep up with rising market rents
  • Fee Simple Ownership – Sale includes land and improvements, allowing owners to depreciate the improvements over a 39-year depreciation schedule
  • Absolute NNN Lease – Landlord has zero landlord responsibilities, the tenant takes care of insurance, real estate taxes, and maintenance
  • Latest Prototype – Brand new 2019 construction