5332 N Belt Hwy | Saint Joseph, MO 64506
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5332 N Belt Hwy
Saint Joseph, MO 64506
KFC (N. Belt Hwy) - SAINT JOSEPH, MO · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Will Generate Sales in Excess of $1 Billion in 2022 (FQSR, LLC is the Tenant on the Lease, Encompasses All Restaurant Locations)
- Well-Positioned - Across the Street from Target, Home Depot, Walmart, and Sam’s Club Anchored Retail Center!
- KBP Foods (the Largest KFC Franchisee in the U.S.) Operates ±850 Locations in 27 States (20% of Locations in the U.S. System)
- Successfully Open & Operating Since 2007 with an Attractive 8.25% Rent to Sales Ratio! Remodeled in 2020 to KFC’s “American Showman” Prototype
- Situated on a Large ±1.0-Acre Lot with Great Visibility on N Belt Hwy, where Traffic Counts Exceed 22,390 CPD!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,523 SF
Building Class
C
Year Built/Renovated
2007/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.94 AC
Zoning
C - Commercial
Frontage
100 FT on N Belt Hwy
Amenities
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 03-8.0-27-002-003-010.000 | Improvements Assessment | $142,860 |
| Land Assessment | $48,000 | Total Assessment | $190,860 |
PROPERTY TAXES
Parcel Number
03-8.0-27-002-003-010.000
Land Assessment
$48,000
Improvements Assessment
$142,860
Total Assessment
$190,860
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