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Property profile & analytics
OFF-MARKET
Drive through restaurants

411 Miller Rd Willard, MO 65781-9475

1,512 SF 1.58 ac lot Built 2003
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US48-0701589
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2003
Total area 1,512 SF
Lot 1.58 ac (68,825 SF)
Zoning code INC
APN 88-07-26-108-082
UPID US48-0701589
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
  • Sonic Drive-In Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Roscoe Real Estate LLC · 5 yrs held
Roscoe Real Estate LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
INC · Willard, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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