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2734 N Kansas Expy Springfield, MO 65803

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For Sale
$4,773,333

Golden Corral NNN property with 11 years remaining on lease.

Lot size:
2.85 Acres

Property Features for 2734 N Kansas Expy

General Information

Lot size
2.85 Acres

Source: Sands Investment Group (SIG) | California Agent Zach Martin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Golden Corral NNN Investment Property

This Golden Corral restaurant investment property is located at 2734 N Kansas Expy in Springfield, Missouri. The property features an absolute triple net (NNN) lease with 11 years remaining and zero landlord responsibility. The lease includes 10% rental increases every 5 years and three (3), five (5) year option periods remaining. Situated at a strong retail intersection of W Livingston St S and N Kansas Expressway, the location benefits from high traffic volume, seeing over 31,700 vehicles per day. The surrounding area has a substantial residential population, with over 50,647 residents within a 3-mile radius and 112,610 people within a 5-mile radius. This location has been serving the Springfield area since 2006 and recently extended an option period, demonstrating a long-standing commitment to the neighborhood. The property is located in an Opportunity Zone, encouraging long-term investments by allowing investors to re-invest unrealized capital gains to promote new development in the area. Springfield is the third largest city in the State of Missouri. Neighboring tenants include Walmart Supercenter, Big Lots, Hobby Lobby, Dollar Tree, Harbor Freight Tools, PetsWay, Walgreens, Commerce Bank, GameStop, Panera Bread, McAlister’s Deli and Starbucks.
Insight Report Location Intelligence

Current Use by Public Records

Romantix Adult Entertainment Store Diamond Nails & Spa ... Nail Salon BLONDIES Beauty Salon Alluring Nails & Spa Nail Salon Golden Classic Catering Caterer

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Greene
State
Missouri
Longitude
-93.3101277
Latitude
37.2476552

FAQs

What type of property is this?
Conventional restaurant - Golden Corral NNN property with 11 years remaining on lease.
Where is this conventional restaurant located?
The property is located at 2734 N Kansas Expy Springfield, MO.
What is the asking price?
The asking price for this property is $4,773,333.
What are key features of this property?
This property features: - Absolute Triple Net (NNN) Lease with 11 Years Remaining, offering zero landlord responsibility.; - Benefit from 10% Rental Increases Every 5 Years. Three (3), Five (5) Year Option Periods Remaining.; - Strong Retail Location: High Traffic Intersection (31,700 VPD) near Walmart Supercenter, Hobby Lobby, etc.
More about this property
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