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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

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
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
  • Listing ID: 33744658

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 910 S Madison St, Webb City, MO 64870

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