Description

533 U.S. 24 is a freestanding KFC retail property for sale in Moberly, MO. The 2,100 SF building is fully occupied under an absolute net lease, positioning the offering around an established restaurant operation and its income.

Built in 2019, the property sits on 1.01 acres with 25 parking spaces and a monument sign. Its gross leasable area is 2,100 SF, giving an investor a single-building asset rather than a multi-tenant leasing program. KBP Foods operates the restaurant under a lease that places property-level costs, including maintenance, with the tenant. Scheduled rent increases during the base term give the buyer a defined income schedule, while renewal options extend the lease structure beyond that term.

The property fronts U.S. Route 24 East in Moberly’s primary commercial corridor, with 14,741 AADT passing the site. U.S. Route 63 is 0.2 miles away, connecting the location to the surrounding trade area. An Arby’s is immediately adjacent, and Walmart Supercenter and Lowe’s Home Improvement are 0.6 miles away by car. These nearby retail destinations help place the restaurant within an established commercial node rather than an isolated roadside location.

The asking price is $1,743,000, or $830 PSF, with a 7% cap rate and $121,980 in net operating income. In-place figures are a 7.0% cap rate and $121,980 in net operating income. For a buyer focused on current income, the combination of full occupancy, tenant responsibility for property-level expenses and scheduled rent increases defines the investment case. The lease’s renewal options also give the tenant a path to continue operating at this location beyond the base term.