910 Madison St Webb City, MO 64870

Property Details for 910 Madison St

Year built

2025

Lot size

0.92 lot acres

Property size

1,782 SF

Property type

Retail space

Property subtype

Storefront properties

Description

This exceptional investment opportunity presents a brand-new, 1,782 square-foot HTEAO quick-service restaurant featuring a dual drive-thru. Located in Webb City, Missouri, on a 0.92-acre lot at 910 S Madison St (zip code 64870), this Class A property boasts a 15.4-year remaining lease term (expiring 03/31/2040) with a highly desirable Absolute NNN lease structure. The lease includes 1.5% annual rent bumps, ensuring consistent income growth. The property benefits from a strong 6.25% cap rate and a current NOI of $140,000. Built in 2025, this location is part of the largest franchisee in the HTeaO system, a rapidly expanding iced tea operator. Its prime location along a major retail corridor with over 21,000 vehicles daily provides excellent visibility and accessibility. The area is densely populated with numerous national retailers including Walmart, Target, Kohl's, and more, as well as a large shopping mall, a regional airport, and several schools and Missouri Southern State University, creating a substantial customer base. The property's position on historic Route 66 further enhances its appeal to both local residents and tourists. This is a rare opportunity to acquire a high-performing, low-maintenance investment with significant long-term potential. The asking price is $2,240,000.