Freestanding NNN Restaurant
For Sale
Contact for pricing
Pending
1929 W Republic Road, Springfield, MO 65807
The offering combines a freestanding restaurant with a separate 2,000-square-foot retail building.
Property SizeContact for details
Days on Market142
Property Features for 1929 W Republic Road
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
31,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 8:59AM
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.
This fee-simple offering includes a recently constructed, freestanding Burger King operating under a 20-year absolute NNN lease, with approximately 18 years remaining and four 5-year extension options. Contractual rent increases are set at 8% every five years during the initial term and option periods. The lease carries a franchisee guarantee from a multi-state Burger King operator with more than 60 units. A separate 2,000 SF freestanding retail building is associated with F45 Training under a planned 5-year lease structure. Both tenancy arrangements provide for reimbursement of NNN expenses, limiting landlord responsibilities.
The property occupies the signalized intersection of W. Republic Road and S. Kansas Expressway, where combined traffic is reported at 31,000 vehicles per day. James River Freeway lies just south of the site and carries more than 44,800 VPD. Adjacent Price Cutter and nearby Walmart Neighborhood Market, Sam’s Club, Academy Sports + Outdoors, Verizon Wireless, and Big O Tires contribute to the surrounding retail concentration. The 5-mile trade area includes approximately 140,500 residents.
The property occupies the signalized intersection of W. Republic Road and S. Kansas Expressway, where combined traffic is reported at 31,000 vehicles per day. James River Freeway lies just south of the site and carries more than 44,800 VPD. Adjacent Price Cutter and nearby Walmart Neighborhood Market, Sam’s Club, Academy Sports + Outdoors, Verizon Wireless, and Big O Tires contribute to the surrounding retail concentration. The 5-mile trade area includes approximately 140,500 residents.
Key Highlights
- Recently constructed freestanding Burger King with a 20‑year absolute NNN lease
- Approximately 18 years remaining plus 4 (5‑year) extension options
- 8% rental increases every 5 years through the initial term and options
Property Analytics
Property Profile
Current Use
Lease Details
31,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,093
Businesses Nearby
Explore this area
Business Placement
Demographics for 65807, MO
55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - The offering combines a freestanding restaurant with a separate 2,000-square-foot retail building.
Where is this nnn property located?
The property is located at 1929 W Republic Road Springfield, MO.
What are key features of this property?
This property features: Recently constructed freestanding Burger King with a 20‑year absolute NNN lease; Approximately 18 years remaining plus 4 (5‑year) extension options; 8% rental increases every 5 years through the initial term and options
