1409 State Hwy 39 | Stockton, MO 65785
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- LoopNet Team
1409 State Hwy 39
Stockton, MO 65785
Sonic · Retail Property For Sale
Investment Highlights
- Brand New 15 Year Absolute Triple Net (NNN) Lease
- Strong Franchise Guaranty From an Experienced and Growing 32-Unit Operator
- This is an Excellent 1031 Exchange Property at a Low Price Point
- 8.5% Rent Increases Every 5 Years Allowing Investors to Hedge Against Inflation
- Long Term Viability: Strong Rent-to-Sales Ratio of 5%
- Target Demographic For Sonic With Limited Competition
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,320 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.70 AC
Zoning
C - Commercial Zoned
Parking
35 Spaces
Frontage
176 ft on State Highway 39
PROPERTY TAXES
| Parcel Number | 09-0.4-17-000-004-006.01 | Improvements Assessment | $124,650 |
| Land Assessment | $11,377 | Total Assessment | $136,027 |
PROPERTY TAXES
Parcel Number
09-0.4-17-000-004-006.01
Land Assessment
$11,377
Improvements Assessment
$124,650
Total Assessment
$136,027
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