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30888096
30888095

1101 Woodland Springs Ct, Columbia, MO 65202

SS
CA 01089464
Marcus & Millichap - Encino
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
$1,540,000
114 days on market
Updated 10 days ago

Hooters

Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,577
Cap Rate 10.52%
NOI $162,000
Occupancy 100%
Tenancy Single
Brand/Tenant Hooters
Lease Type NNN
Lease Term 25.1
Lease Expiration 01/30/2031
Remaining Term 4.6
Rent Bumps Yes
Lease Options 1-5 Yr
Price per SqFt $276
Year Built 2005
Buildings 1
Lot Size (SqFt) 65,340
Parking Spaces 110 per 1,000 sq ft
Investment Type Net Lease
Lease Commencement 01/15/2006
Ground Lease No

Retail | 10.52% CAP | 5,577 SqFt

Marketing description

The Brandon Michaels Group of Marcus & Millichap, as Exclu-sive Advisor, is pleased to present 1101

Woodland Springs Court, a 5,577 SF single-tenant NNN Hooters situated on 1.5 acres (65,340 SF) with

exceptional visibility along Interstate 70 in Co-lumbia, Missouri. The property is positioned

within a dominant regional retail corridor and benefits from direct freeway expo-sure to traffic

counts exceeding 45,000 vehicles per day.

Hooters is an American casual dining chain founded in 1983 in Clearwater, Florida, known for its

sports-bar atmosphere, wings, and experiential dining environment. The brand operates

approximate-ly 198 locations in the United States with an additional 60 interna-tionally. Following

a recent corporate restructuring, Hooters transi-tioned from a corporate-operated model to a fully

franchise-based platform, selling 111 corporate locations to established franchisees

including Hooters Inc. (the brand’s founding operators) and Hoot Owl Restaurants LLC.

The Columbia location has successfully operated for more than 20 years and was retained through the

company’s restructuring pro-cess while other underperforming stores were rejected, reinforcing the

strength of this site. The tenant recently exercised a five-year lease option extending the term

through January 31, 2031.

The property generates $13,500 per month ($2.42/SF) on a NNN lease, with a scheduled increase to

$14,850 per month beginning February 1, 2027, and an additional increase to $16,335 per month

should the tenant exercise its remaining five-year option. Construct-ed in 2005, the freestanding

building sits on a large parcel with 110 parking spaces (19.72 per 1,000 SF), providing excellent

circulation and operational capacity.

Investment highlights

  • NNN Hooters With 5 Years Remaining
  • 11.57% Cap rate as of 2/2/2027
  • Over 20 Years of Continuos Operations
  • Retained Lease Through Corporate Restructuring
  • Recently Exercised Lease Otion through january 31, 2031
  • NNN Lease Structure-Passive Income with Limited Landlord Resposbilities
  • Direct Interstate Visibility-Freestanding Building Positioned Along I-70
  • Large 1.5 Acre Parcel
  • Abundance of Parking-110 Spaces Providing 19.72 Spaces per 1000

Listing Contacts

SS
CA 01089464
Marcus & Millichap - Encino
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,000.00
$13,500.00/mo

Valuation Metrics

0
DSCR
10.52%
Cap Rate
10.52%
ROI

Map

Zoning

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PD PlannedPlanned Development
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
David Saverin
License
MO 2008013520
Brokerage
M&M
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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