601 Drake | Mountain View, MO 65548
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- LoopNet Team
601 Drake
Mountain View, MO 65548
Sonic · Retail Property For Sale
Investment Highlights
- Absolute NNN – Lease with ±12.3 Years Remaining on the Original 15 Year Term
- Attractive Percentage Rent Component – Landlord Benefits from Receiving 6.00% of Monthly Gross Receipts in Addition to Base Rent
- Outparceled to Walmart. Surrounding tenants include McDonald’s, Dollar General, Taco Bell, Subway, St. Francis Hospital
- Recent Renewal – Franchisee Signed New 15 Year Lease in 2020
- 2 Personal Guarantees from Experienced Operator with ±46 Units
- Strong Historical Presence: Property has Operated as a Sonic Drive-In for the past 33 Years
PROPERTY FACTS
Property Type
Building Size
1,144 SF
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.54 AC
PROPERTY TAXES
| Parcel Number | 01-5.0-22-002-003-009.09000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $48,150 |
PROPERTY TAXES
Parcel Number
01-5.0-22-002-003-009.09000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$48,150
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