Hooters — Sale in Columbia, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Columbia, MO 65202

Investment Figures

Cap rate
8.20%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap, as Exclusive Advisor, is pleased to present 1101 Woodland Springs Court, a 5,577 SF single-tenant NNN Hooters situated on 1.5 acres (65,340 SF) with exceptional visibility along Interstate 70 in Co-lumbia, Missouri. The property is positioned within a dominant regional retail corridor and benefits from direct freeway expo-sure to traffic counts exceeding 45,000 vehicles per day. Hooters is an American casual dining chain founded in 1983 in Clearwater, Florida, known for its sports-bar atmosphere, wings, and experiential dining environment. The brand operates approximate-ly 198 locations in the United States with an additional 60 interna-tionally. Following a recent corporate restructuring, Hooters transi-tioned from a corporate-operated model to a fully franchise-based platform, selling 111 corporate locations to established franchisees including Hooters Inc. (the brand’s founding operators) and Hoot Owl Restaurants LLC. The Columbia location has successfully operated for more than 20 years and was retained through the company’s restructuring pro-cess while other underperforming stores were rejected, reinforcing the strength of this site. The tenant recently exercised a ?ve-year lease option extending the term through January 31, 2031. The property generates $13,500 per month ($2.42/SF) on a NNN lease, with a scheduled increase to $14,850 per month beginning February 1, 2027, and an additional increase to $16,335 per month should the tenant exercise its remaining ?ve-year option. Construct-ed in 2005, the freestanding building sits on a large parcel with 110 parking spaces (19.72 per 1,000 SF), providing excellent circulation and operational capacity. Investment Highlights: • Direct Interstate Visibility • Large 1.5-Acre Parcel • Abundant Parking & Circulation • Modern Construction (2005)

Market Context

This retail in Columbia, MO is listed for sale. It is offered at an approximate 8.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Columbia, MO — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Columbia, MO