Hooters 1101 Woodland Springs Ct 5,577 SF Retail Building Columbia, MO 65202 $2,861,983 CAD ($513.18 CAD/SF) 7.75% Cap Rate

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 1101 Woodland Springs Court, a 5,577 SF single-tenant NNN Hooters situated on 1.5 acres (65,340 SF) with exceptional visibility along Interstate 70 in Columbia, Missouri. The property is positioned within a dominant regional retail corridor and benefits from direct freeway exposure to traffic counts exceeding 45,000 vehicles per day.
Hooters is an American casual dining chain founded in 1983 in Clearwater, Florida, known for its sports-bar atmosphere, wings, and experiential dining environment. The brand operates approximately 198 locations in the United States with an additional 60 internationally. Following a recent corporate restructuring, Hooters transitioned from a corporate-operated model to a fully franchise-based platform, selling 111 corporate locations to established franchisees including Hooters Inc. (the brand’s founding operators) and Hoot Owl Restaurants LLC.
The Columbia location has successfully operated for more than 20 years and was retained through the company’s restructuring process while other underperforming stores were rejected, reinforcing the strength of this site. The tenant recently exercised a five-year lease option extending the term through January 31, 2031.
The property generates $13,500 per month ($2.42/SF) on a NNN lease, with a scheduled increase to $14,850 per month beginning February 1, 2027, and an additional increase to $16,335 per month should the tenant exercise its remaining five-year option. Constructed in 2005, the freestanding building sits on a large parcel with 110 parking spaces (19.72 per 1,000 SF), providing excellent circulation and operational capacity.