PRICE | $6,074,271 |
CAP RATE | 5.15% |
NOI | $312,825 |
LEASE TYPE | Absolute NNN |
RENT ESCALATIONS | 7.5% every 5 years during base term5% every 5 during options |
RENEWAL OPTIONS | (4) 5-Year Option |
TMS | 110522004001001000 |
SQUARE FOOTAGE | 5,900+/- SF |
YEAR BUILT | 2017 |
ROFR | Yes (14 days) |
LOT SIZE | 1.53 Acres |
GUARANTY | Corporate |
LOAN ASSUMPTION | *See broker for details |
Oswald Cooke & Associates is pleased to offer 901 W Jackson Street in Ozark, MO for sale to qualified investors. Originally commencing in 2017, the property is subject to a 20-year absolute NNN corporate lease with Kum & Go. The 1.53 acre site is located on the far corner heading towards I-65 at the intersection of W Jackson Street and 9th Street, adjacent to Ozark Junior High School. The base term will expire in May 2037 and has (4) 5-Year renewal options. Other national retailers in the area include Sonic, Pizza Hut, Taco Bell, Burger King, KFC, McDonalds, Wal-Mart, Lowes Home Improvements and more.