NN+ American Freight Directly Across Walmart Supercenter
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133 E. Parsons Avenue
Warrensburg, MO 64093
Price:
$2,800,000
Cap Rate:
7.70%
Building Size:
20,560 SF
Broker(s):
Nathan Eller
Joshua Brown
Highlights
  • Near University of Central Missouri with 12,000+ Students
  • 10% Rent Bump After 5 Years
  • Significant Military Base
  • 6+ years remaining on the initial lease
  • Property is well below replacement cost
  • Access to a signalized Intersection
  • Over-parked property that may offer carve-out opportunity
Property Description
This 20,560 SQUARE FOOT commercial building formerly FFO HOME STORE was opened in 2017 and converted to AMERICAN FREIGHT in 2021 is located just east outside of Kansas City.The site is directly off of NW US HWY 50 on N Maguire Street in Warrensburg, MO. The property is surrounded by other major retailers and restaurants that include Chipotle, Lowe’s, Walmart Supercenter, Applebee’s, AT&T, Academy, Buffalo Wild Wings, Aaron’s, Rib Crib, Zaxby’s, Great Clips, ALDI, and AMC Classic Cinema. American Freight has an initial term that expires October 31, 2030 with two, 5-Year Options. There is a 10% rent bump at each option. This investment property offers an NOI of $215,556/YR and a CAP Rate of 7.70%.

American Freight has been in business since 1968 with over 360 stores in 38 states. American Freight is owned by the Franchise Group, Inc. The Franchise Group, Inc. owns brands in various retail industries and posted 2023 revenues of $4.937 Billion.
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