Log In/Sign Up
Your email has been sent.
KFC 533 US 24 2,100 SF Retail Building Moberly, MO 65270 $2,426,361 CAD ($1,155.41 CAD/SF) 7% Cap Rate
Investment Highlights
- Zero landlord maintenance or expense responsibilities, with all property-level costs the obligation of the tenant
- Two successive 5-year renewal options extend potential lease term through 2050
- Immediately adjacent to an Arby’s, with a Walmart Supercenter and Lowe’s Home Improvement on the opposite side of U.S. Route 63
- Rental increases are structured at five-year periods within the base term, eliminating CPI exposure and providing a scheduled income trajectory
- The subject property fronts U.S. Route 24 East, which runs intersects with U.S. Route 63 0.2 miles away, the center of Moberly’s commercial node
Executive Summary
This offering presents a freestanding absolute NNN QSR asset positioned on the primary commercial corridor of Moberly, MO, with frontage on U.S. Route 24 East. The property is leased to KBP Foods, the largest KFC franchisee in the U.S. by unit count, operating approximately 832 KFC locations across 28 states and ranked #4 on the Franchise Times Restaurant 200 with $1.34B in 2023 sales.
The lease commenced June 1, 2020, with a 20-year base term and two successive 5-year renewal options with rental increases, delivering structured income growth alongside zero landlord maintenance or expense responsibilities.
The lease commenced June 1, 2020, with a 20-year base term and two successive 5-year renewal options with rental increases, delivering structured income growth alongside zero landlord maintenance or expense responsibilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
2,100 SF
Building Class
B
Year Built
2019
Price
$2,426,361 CAD
Price Per SF
$1,155.41 CAD
Cap Rate
7%
NOI
$169,803 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.01 AC
Opportunity Zone
Yes
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
- Drive Thru
- Monument Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-7.0-25.0-4.0-000-006.000 | Improvements Assessment | $89,367 CAD |
| Land Assessment | $66,822 CAD | Total Assessment | $156,189 CAD |
Property Taxes
Parcel Number
07-7.0-25.0-4.0-000-006.000
Land Assessment
$66,822 CAD
Improvements Assessment
$89,367 CAD
Total Assessment
$156,189 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
KFC | 533 US 24
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.