2963 E Division St
Springfield, MO 65803
Kum & Go · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Corporate Single-Tenant Kum & Go: Rare 20-year absolute NNN lease; zero landlord responsibilities (17 years remaining)
- Corporate guaranteed lease with Kum & Go, L.C.; Fee simple investment (consult an accountant about bonus depreciation opportunities)
- Tenant has been operating at this location since 1991 & it was torn down, expanded, & rebuilt in 2019, showing commitment to the locacation
- 7.5% increases every 5 years in the base term; Four 5-year options at 5% increases
- Expansion and Rebuild Site with Long-Term Historical Occupancy
- Excellent Access and Visibility: Located just off the Division Street exit of U.S. Route 65 (Schoolcraft Freeway)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,600 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.26 AC
Zoning
C - Commercial
Parking
5.12 Spaces per 1,000 SF Leased
Frontage
AMENITIES
- Freeway Visibility
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 12-09-312-107 | Improvements Assessment | $380,900 |
| Land Assessment | $86,210 | Total Assessment | $467,110 |
