Taco Bell | 3511 W Chestnut Expy
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Taco Bell 3511 W Chestnut Expy
2,881 SF Retail Building Springfield, MO 65802 $2,583,000 ($897/SF) 5.75% Cap Rate
Investment Highlights
- New 11-Year Extension | Scheduled Rental Increases | Established Operator (340+ Units) | Options to Extend
- Signalized, Hard Corner Intersection | Interstate 44 (47,500 VPD) | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Direct Consumer Base
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,881 SF
Building Class
C
Year Built
1988
Price
$2,583,000
Price Per SF
$897
Cap Rate
5.75%
NOI
$148,495
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
HC - Highway Commercial
Parking
44 Spaces (15.27 Spaces per 1,000 SF Leased)
Frontage
43 FT on W Chestnut Expy
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 13-17-403-025 | Improvements Assessment | $139,390 |
Land Assessment | $56,540 | Total Assessment | $195,930 |
PROPERTY TAXES
Parcel Number
13-17-403-025
Land Assessment
$56,540
Improvements Assessment
$139,390
Total Assessment
$195,930
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Taco Bell | 3511 W Chestnut Expy
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