HTEAO w/ DUAL DR-THRU | 15 YEAR ABSOLUTE NET | 910 S Madison St
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HTEAO w/ DUAL DR-THRU | 15 YEAR ABSOLUTE NET 910 S Madison St
1,782 SF Retail Building Webb City, MO 64870 $3,146,483 CAD ($1,766 CAD/SF) 6.25% Cap Rate
Investment Highlights
- 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 1.5% Annual Increases throughout the Initial Term and CPI Adjustments in the Options.
- Largest Franchisee in HTeaO System - HTeaO is the Largest and Fastest Growing Iced Tea Operator in the Quick Serve Restaurant Space.
- Down the Street from Northpark Mall - A 1M+ Sq.Ft. Shopping Center featuring more than 100 Stores. It is the Largest Mall in the Region.
- Brand New Construction w/ Dual Drive-Thru. Positioned Along Area’s Retail & Traffic Corridor: Features Easy Access and Excellent Visibility.
- Along the famous U.S. Route-66 to Daily Traffic Counts Exceeding 21k Vehicles. Less than a Mile from Joplin Regional Airport.
- Near Numerous National Retailers including Walmart Supercenter, Tractor Supply, Target, Kohl’s, Ross, PetSmart, Burlington, Big Lots, and more.
Executive Summary
MO Broker of Record: David Saverin | Marcus & Millichap Real Estate | 7800 Forsyth Blvd., Ste. 710 St. Louis, MO 63105 | P: (314) 889-2500 | Lic #: 2008013520 | David.Saverin@marcusmillichap.com
Growing & Popular QSR Brand | Largest Franchisee in the Chain | Strong Demographics | Brand New Construction | 1.5% Annual Rental Increases
Growing & Popular QSR Brand | Largest Franchisee in the Chain | Strong Demographics | Brand New Construction | 1.5% Annual Rental Increases
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,782 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$3,146,483 CAD
Price Per SF
$1,766 CAD
Cap Rate
6.25%
NOI
$196,655 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
0.92 AC
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- HTeaO
- Retailer
- 1,782 SF
- -
- Net
- Mar 2040
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
HTeaO | Retailer | 1,782 SF | - | Net | Mar 2040 |
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HTEAO w/ DUAL DR-THRU | 15 YEAR ABSOLUTE NET | 910 S Madison St
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