Your email has been sent.
3404 Highway 13 3,471 SF Retail Building Higginsville, MO 64037 $1,166,425 CAD ($336.05 CAD/SF) 5.71% Cap Rate
Investment Highlights
- Absolute NNN lease with 12+ years remaining and 1.50% annual increases.
- New 20-year lease signed in 2018.
- Higginsville is experiencing steady population growth.
- Strong franchisee with 126 unit guarantee (Grand Mere Restaurant Group).
- Affordable, low rent at $14.29 per square foot.
Executive Summary
Broker of Record
Chris Zoellner
Scout Realty Group LLC
MO LIC# 2019003987
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Pizza Hut began in 1958, when two brothers borrowed money from their mother to open a pizza place in Wichita, Kansas. The business grew from that single restaurant into a franchised brand with a broad menu centered on pizza, pasta, chicken wings, breadsticks, desserts, and delivery or carryout service. Pizza Hut later became part of Yum! Brands and continues to operate as a global restaurant system with a large franchise network across many markets. The company has also built a history around menu and service milestones, including early online ordering and signature products such as Stuffed Crust and Pan pizza.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Property Taxes
| Parcel Number | 16-1.0-12-0-000-004.110 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $108,304 CAD |
Property Taxes
Presented by
3404 Highway 13
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.