411 Miller Rd Willard, MO 65781-9475
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.
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Sonic Drive-In Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
INC · Willard, MOWillard. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.