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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1101 Normal Ave Kirksville, MO 63501

Property ID
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire a flourishing Indian restaurant in Kirksville, Missouri. Located at 1101 E Normal Ave, this 3,800 square foot establishment boasts a prime corner lot at the intersection of Baltimore St and Normal Ave, offering excellent visibility and accessibility to Highways 11 & 63. Benefitting from over 36,000 daily vehicle pass-bys, the restaurant enjoys a steady flow of customers. Currently operating five days a week for dinner service only, the business generates impressive monthly sales ranging from $35,000 to $45,000. The restaurant features a convenient drive-through and is the only Indian/Pakistani restaurant in Kirksville, creating a unique market position. The interior is well-designed, providing a warm and inviting atmosphere suitable for various dining occasions. Significant growth potential exists by expanding operating hours to include lunch service, capitalizing on the lack of competition within a 100-mile radius. The lease and utilities cost $5,500 per month. This is a business-only sale

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kababesh Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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