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1134 N Sprigg St
Cape Girardeau, MO 63701
Rally's · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease | Zero Landlord Responsibilities
- Newly Constructed Site Equipped with Outdoor Patio
- Excellent Visibility with Frontage and Signage Along N Sprigg St Which Has Daily Traffic Counts Exceeding 11,150 Vehicles
- 25-Year Sale Leaseback Commencing at Close of Escrow
- Proven Operator with Over 30 Year of Experience in the Industry
- Situated Directly Across from the Southeast Missouri State University Show Me Center - Multi-Purpose Arena with a Capacity of Over 7,350 People
Executive Summary
25 Year Sale Leaseback | Absolute NNN | Franchise & Personal Guarantee
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,147 SF
Building Class
B
Year Built
2021
Price
$1,715,500 CAD
Price Per SF
$1,495.64 CAD
Cap Rate
7.20%
NOI
$123,516 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.64 AC
Parking
18 Spaces (15.69 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 16-715-00-07-00100-0000 | Improvements Assessment | $203,857 CAD |
| Land Assessment | $77,881 CAD | Total Assessment | $281,737 CAD |
Property Taxes
Parcel Number
16-715-00-07-00100-0000
Land Assessment
$77,881 CAD
Improvements Assessment
$203,857 CAD
Total Assessment
$281,737 CAD
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