Taco Bell 510 E Mount Vernon Blvd 2,108 SF Retail Building Mount Vernon, MO 65712 $1,523,000 ($722.49/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- New 15-Year Extension | K-Mac Franchisee (340+ Unit Operator) | Options To Extend | Scheduled Rental Increases
- E. Mt Vernon Blvd (7,100 VPD) | Near Walmart Supercenter |Interstate 44 (17,300 VPD) | Drive-Thru Equipped | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,108 SF
Year Built
1997
Price
$1,523,000
Price Per SF
$722.49
Cap Rate
5.25%
NOI
$79,955
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.66 AC
Zoning
B-3 - General Commercial District
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-9.0-31-001-015-030.001 | Improvements Assessment | $85,760 |
| Land Assessment | $27,740 | Total Assessment | $113,500 |
