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1317 PREACHER ROE BLVD West Plains MO 65775

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Building SqFt 3,000
Year Built 1990
Lease Type ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 36.7139
Longitude -91.8747

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant
Marketing Description

Paine Restaurant Group at Marcus & Millichap is pleased to offer for sale the Burger King located at 1317 Preacher Roe Boulevard in West Plains, Missouri. The property operates under an absolute NNN lease with zero landlord responsibilities, providing investors with truly passive income backed by one of the world’s most recognized quick-service restaurant brands, this asset offers a dependable and predictable income stream. The lease features 10 percent rent increases every five years and includes four additional five-year renewal options, ensuring built-in income growth and enhancing long-term yield. Currently, the property operates at a below-market rental rate of $21.81 per square foot, offering significant long-term appreciation potential as market rents in the region continue to rise along with scheduled rent increases of the subject property. Further strengthening the investment, the property is operated by Tasty Restaurant Group, a well-established and reputable Burger King franchisee that manages 450 locations across six major brands.

West Plains serves as the primary destination for commercial, medical, educational, and service needs across a vast multistate trade area that spans rural Missouri and northern Arkansas. This regional role generates a stable customer base that far exceeds the city’s resident population, as tens of thousands of people from surrounding communities travel to West Plains for essential shopping, healthcare, and daily requirements. The property is strategically located at a signalized intersection that connects directly to the Walmart-anchored Southern Hills Shopping Center, the most dominant retail destination within a 50-mile radius. Southern Hills ranks not only as the most-visited shopping destination in the region but also within the top 15 percent of all shopping centers statewide in Missouri. Preacher Roe Boulevard is one of the city’s key commercial corridors, directing local commuters, weekend shoppers, and rural visitors through the retail district. This enhances the property’s visibility, accessibility, and capability to capture impulse-driven demand for quick-service restaurants.

Investment Highlights
  • Absolute NNN Lease | Zero Landlord Responsibilities

  • 10 Percent Rent Increases Every Five Years | Four Five-Year Renewal Options with 10 Percent Rent Increases

  • Below Market Rent of $21.81/SF | Long-Term Upside for New Owner

  • Shares Access with Signalized Intersection of Walmart Anchored Southern Hills Shopping Center | Most Visited Shopping Center in 50-Mile Radius and in the Top 15 Percent Statewide in Missouri

  • Strong and Experienced Burger King Operator Tasty Restaurant Group Operates 450 Locations Across Six Different Brands. 58 of 450 Locations are Burger Kings

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JP
John Paine PRO
•••.•••.5279
••••.•aine@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SN
Sam Noe
•••.•••.5208
•••.noe@•••••••••••••••.com
Brokerage logo

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