Listed by SURMOUNT
$15,435,434
Five Star Parks and Attractions
Details
Property Type Retail
Sub Type Amusement park
Square Footage 8,321
Cap Rate 7.5%
NOI $1,157,658
Occupancy 100%
Tenancy Single
Brand/Tenant Five Star Parks and Attractions
Lease Type NNN
Lease Term 20
Lease Expiration 06/03/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 6, 5-Year Options
Year Built 2002
Acreage 10.710
Investment Type Net Lease
Lease Commencement 06/04/2021
Ground Lease No
Ownership Fee Simple
About This Property for Sale
Marketing description
Surmount is pleased to present the exclusive listing for a Five Star Parks and Attractions located at 2505 West 76 Country Boulevard, Branson, MO 65616. The site consists of roughly 8,321 rentable square feet of building space on an estimated 10.71-acre parcel of land. Five Star Parks and Attractions is subject to a 20-year Triple Net (NNN) lease, which commenced 6/4/2021. The current annual rent is $1,157,658 and has scheduled increases of 2.50% Annually.
Investment highlights
- Irreplaceable Location on Branson's Premier Tourism Corridor | The property sits directly on West 76 Country Boulevard, which sees over 18,000 vehicles per day and is surrounded by hundreds of hotel rooms and major attractions on all sides. Branson draws millions of tourists annually, making this one of the Midwest's most traffic-dense entertainment corridors — a location that simply cannot be replicated. That foot traffic benefits the tenant's business, which directly underpins lease stability.
- A Deeply Committed, High-Investment Tenant | Five Star Parks & Attractions operates a sprawling 10.71-acre amusement park with go-karts, mini golf, arcades, and multiple outdoor attractions — all of which represent enormous capital investment that makes relocation or abandonment highly unlikely. The tenant signed a 20-year lease in 2021, signaling a long-term commitment to this specific location. That kind of tenant improvement depth creates a natural barrier to vacancy that a typical retail box simply doesn't offer.
- Passive, Landlord-Friendly Income Stream | This is an absolute Triple Net lease with zero landlord responsibilities, meaning all operating costs, taxes, and maintenance fall entirely on the tenant. With roughly 15 years remaining on a 20-year term and six additional 5-year renewal options, an investor is looking at decades of truly passive income. For investors seeking hands-off real estate exposure, it's hard to find a cleaner structure.
- A Deeply Committed, High-Investment Tenant | Five Star Parks & Attractions operates a sprawling 10.71-acre amusement park with go-karts, mini golf, arcades, and multiple outdoor attractions — all of which represent enormous capital investment that makes relocation or abandonment highly unlikely. The tenant signed a 20-year lease in 2021, signaling a long-term commitment to this specific location. That kind of tenant improvement depth creates a natural barrier to vacancy that a typical retail box simply doesn't offer.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,157,658.00
$96,471.50/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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