Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

960 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3242 S Stewart Ave

6,470 SF Retail Building Springfield, MO 65804 £2,131,368 (£329/SF) 6.73% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Tenant funding Signiant renovation improvements both interior & exterior showing their long-term commitment to the site.
5 year initial term with 2% annual escalations.
Landlord responsible for roof and foundation.

Operator & Guarantor owns 6 other K-Pot locations.
Two 5 year renewal options with 5% initial increase and continued 2% annual escalations thereafter.
Tenant responsible for all other repairs and maintenance.

Executive Summary

SVN is please to present this net leased restaurant investment for sale. KPot Korean BBQ & Hot Pot is finalizing extensive renovations after signing a 5-year lease in 2024. K-Pot is a growing concept with over 160 locations, including dozens currently under development. The site is conveniently located near the largest concentration of Springfield's high trac retail, including less than 1/2 mile from Simon's Battlefield Mall with 1.2 million square feet and over 12 million visitors per year.

NNN RESTAURANT - STRONG RETAIL AREA - K-POT BBQ (1) (1)