BJ's Brewhouse - Dublin, OH
5141 Tuttle Crossing Blvd, Columbus, OH, 43016, US
€4,275,000 | 857 sm
Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the single-tenant Krispy Kreme in Branson, Missouri ("Property" or "Asset"). The Property is operating on an absolute NNN ground lease with ±15.3 years of primary lease term remaining, 2.00% annual rent escalations, and six, five-year renewal options.
MO Broker of Record: David Steinbach – MO License #: 2003008130
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Attributes
Asking price
€1,370,000
Cap rate
7%
NOI
€96,000
WAULT
15.3 years
Building area net
301 sm
Land area gross
0.44 ha
Media
Investment highlights
- Absolute NNN ground lease with ±15.3 years of term remaining
- #2 most visited Krispy Kreme in Missouri
- Outparcel to Tanger Outlets, the #1 most visited Factory Outlets in Missouri
- Corporate guaranty from Krispy Kreme, Inc. and 2.00% annual bumps
- Branson draws more than 10M visitors annually into the city
- Within Branson Theater District, a famous entertainment hub with 20K seats
- Frontage along Highway 76, known locally as the strip, with 16K VPD
Contact brokers
Krispy Kreme - Branson, MO (0 Properties)
