411 Miller RdWillard, MO 65781

Property Details for 411 Miller Rd

Year built

2003

Lot size

1.58 AC

Property size (Sq ft)

1,512 SF

Zone code

INC

Property type

Retail properties

Property subtype

Drive through restaurants

APN

88-07-26-108-082

APU

880726108082

Description

This exceptional retail property, located at 411 S Miller Road in Willard, Missouri, presents a compelling investment opportunity. The 1,512 square foot building sits on a generous 1.58-acre lot, offering ample space and potential for future expansion or development. Currently, the property is 100% occupied under a long-term lease with a financially strong regional operator. This provides immediate and consistent cash flow with minimal vacancy risk. The lease agreement has a significant remaining term of over 16 years, providing substantial long-term security for the investor. Furthermore, the lease includes two additional five-year renewal options, extending the potential income stream well into the future. The lease also incorporates annual rent increases, ensuring that the investment's value grows in line with market conditions. This turnkey investment requires minimal management and offers a high return on investment, making it an ideal addition to any portfolio seeking stable, long-term income generation. The property's prime location in Willard, Missouri, contributes to its strong tenant occupancy and potential for future appreciation. This is a rare opportunity to acquire a fully stabilized, high-performing retail property with a secure and predictable income stream. The asking price is $1,660,000.

Location Insight

City

Willard

County

Greene

State

Missouri

Latitude

37.2994

Longitude

-93.4253

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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