O'Fallon (St. Louis), MO 63366

KFC

Property Address

8716 Veterans Memorial Parkway, O'Fallon, MO, USA

Offering Summary

  • Price: $2,036,400
  • Lot Size: .79 Acres
  • Cap Rate: 5.50%
  • Year Built: 2016
  • Building SF: 2,497
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with 18 Years Remaining - Drive Thru Location
  • Franchisee and Lease Guarantor is an 800+ Unit Operator of KFC and Taco Bell - Over $1 Billion in Sales
  • 10 Percent Rental Increases Every Five Years
  • 156,066 Residents within a Five-Mile Radius - St. Louis MSA
  • Population and Households Projected to Increase Six to Seven Percent in the Immediate Area by 2027
  • Dense Retail Corridor - Surrounding Retailers Include At Home, Schnucks, ALDI, Walmart, Lowe's, The Home Depot, McDonald's, and Goodwill
  • Immediately Off the I-70, Providing a Direct Route to Downtown St. Louis
  • More Than 41,600 Cars/Day at the Intersection of Veterans Memorial Parkway and Highway K
  • Average Household Income Exceeds $119,000 within a Five-Mile Radius

Broker Information