Listed by Bracket Real Estate, Inc, JDS Real Estate Services, Inc., Bracket Real Estate
$275,000
Vacant QSR with Drive-Thru
Details
APN 13-07.0-36-003-07-001.001.000
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,496
Net Rentable (SqFt) 3,795
Units 1
Tenancy Single
Brand/Tenant Hardee's/Carl's Jr
Lease Type NNN
Lease Term 20
Lease Expiration 01/17/2038
Remaining Term 13
Rent Bumps Yes
Price per SqFt $79
Broker Co-Op Yes
Class C
Year Built 1978
Buildings 1
Stories 1
Acreage 0.780
Parking Spaces 25 spaces
Parking per 1,000 SqFt 7.15
Investment Type Net Lease
Ground Lease No
Sale Condition 1031 exchange
Retail QSR FOR SALE AND LEASE| 3,496 SqFt
Marketing description
FOR SALE AND LEASE
To access due diligence visit www.Bracketre.com
This former Hardee’s location offers a strong retail pad opportunity along 1st Street in Kennett, Missouri. The property includes a 3,496 SF freestanding fast-food building with 175 feet of frontage, situated in an established commercial corridor with traffic counts exceeding 15,000 vehicles per day.
Located within a federally designated Opportunity Zone, the property also presents potential tax advantages for eligible investors. With a generous .78 acre parcel, existing drive-thru infrastructure, and proximity, this asset supports a wide range of redevelopment, re-tenanting, or value-add strategies.
Investment highlights
- .78 acre retail pad with 3,496 SF freestanding restaurant building
- Corporate single-tenant lease with approx. 13 years remaining
- Opportunity Zone location offering potential tax advantages
- Prime visibility with 175 feet of frontage on 1st Street
- High traffic counts, including 15,474 VPD nearby
- Recently cleaned and improved by the tenant; additional repairs handled via credit or reimbursement at closing
- Positioned near established commercial activity in the Missouri South submarket
- Flexible site suitable for re-tenanting, redevelopment, or owner-user conversion
- Low market vacancy environment with strong retail fundamentals
Listing Contacts
Listed by Bracket Real Estate, Inc, JDS Real Estate Services, Inc., Bracket Real Estate
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