Price: $1,530,612
Cap Rate: 4.90%
Net Operating Income: $75,000
Square Footage: 3,788
Lot Size: 1.08 AC
Market: St. Louis
The Kase Group is pleased to exclusively offer for sale an absolute NNN ground leased McDonald’s restaurant property located in Byrnes Mill, Missouri. The property consists of approximately 3,788 square feet of building space and is situated on approximately 1.08 acres. The lease calls for two, 5 year options with 10% increases. The asset is located in a major retail trade area, neighboring Walgreens, AutoZone, Hardee’s, Taco Bell and many others.
Byrnes Mill is a city in Jefferson County, Missouri, United States. The population was 2,781 at the 2010 census. Jefferson County is located in the eastern portion of the state of Missouri. It is a part of the St. Louis Metropolitan Area. As of the 2010 census, the population was 218,733, making it the sixth-most populous county in Missouri. Its county seat is Hillsboro. The county was organized in 1818 and named in honor of former president Thomas Jefferson.
