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Absolute NNN Retail Leasehold
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2510 N Baltimore St, Kirksville, MO 63501

Corporate-guaranteed Ruby Tuesday absolute NNN lease on a high-traffic corridor with long-term term and extension options.

Property SizeContact for details
Days on Market125

Property Features for 2510 N Baltimore St

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 9,900 vehicles/day
Highway Access Yes
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 5:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

SRS National Net Lease Group presents an absolute NNN leased Ruby Tuesday investment property with corporate guarantees. The tenant, Ruby Tuesday Inc., is scheduled to sign a brand new 20-year lease at the close of escrow (sale leaseback), with four (5-year) options to extend. The lease includes 10% rental increases every five years throughout the initial term and at the beginning of each option period. The offering is described as absolute NNN, with zero landlord responsibilities.

The property is located along N. Baltimore Street/U.S. Highway 63, with traffic reported at 9,900 VPD. It is positioned directly across from Kirksville Commons Shopping Center (100,000 SF), anchored by Hobby Lobby.

The surrounding retail trade area is supported by nearby national and credit tenants including a 24-hour Walmart Supercenter, The Home Depot, Dollar General, ALDI, and Dollar Tree, with additional local support cited by the provided population and employment figures.

Key Highlights

  • Corporate‑guaranteed Ruby Tuesday absolute NNN leased investment in Kirksville, Missouri, with Ruby Tuesday Inc. as tenant
  • New 20‑year lease at close of escrow (sale leaseback) plus 4 (5‑year) extension options
  • 10% rental increases every 5 years throughout the initial term and at the start of each option period

Property Analytics

Current Use

Tidal Wave Auto ... Car Wash

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Nail Salon HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9,900 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby
342k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 29% Dining 27% Superstores 20% Apparel 12%
Walmart Superstores
68,036 visits/mo 0.2 miles
Marshalls Apparel
26,420 visits/mo 0.2 miles
McDonald's Dining
23,193 visits/mo 0.1 miles
Hobby Lobby Shops & Services
20,583 visits/mo 0.2 miles
Aldi Groceries
18,895 visits/mo 0.1 miles

Demographics for 63501, MO

21,501
Population
9,445
Households
2.3
Avg Household Size
29
Median Age
38%
College-Educated
93%
High-School Grad
206.3 sq mi
ZIP Area
104
Density / Sq Mi
$55,394
Median Household Income
$29,959
Median Earnings
$783
Median Rent
$159,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-guaranteed Ruby Tuesday absolute NNN lease on a high-traffic corridor with long-term term and extension options.
Where is this nnn property located?
The property is located at 2510 N Baltimore St Kirksville, MO.
What are key features of this property?
This property features: Corporate‑guaranteed Ruby Tuesday absolute NNN leased investment in Kirksville, Missouri, with Ruby Tuesday Inc. as tenant; New 20‑year lease at close of escrow (sale leaseback) plus 4 (5‑year) extension options; 10% rental increases every 5 years throughout the initial term and at the start of each option period
(480) 221-4221 Call to check price and availability
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