Description

Fortis Net Lease is proud to offer an exceptional investment opportunity in a newly built, upgraded prototype Starbucks in Kirksville, MO. The 2,447 SF property is secured by a 15-year double net lease, featuring 7.5% rent escalations every five years, including each of the four 5-year renewal options. Strategically located on a signalized corner lot, the site enjoys strong visibility to over 15,730 vehicles daily and is shadow-anchored by a Hobby Lobby-anchored shopping center with additional national retailers. Positioned along N. Baltimore Street—Kirksville’s primary retail corridor—the property benefits from proximity to leading retailers such as Walmart, Home Depot, Aldi, Marshalls, Five Below, and more.