QuikTrip - Kansas City, MO (Store #169)_Propriété à vendre
QuikTrip - Kansas City, MO (Store #169)_Propriété à vendre
5108 Northeast Vivion Road, Kansas City, MO, 64119, US

QuikTrip - Kansas City, MO (Store #169)

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a single-tenant QuikTrip located at 5108 NE Vivion Road, Kansas City, MO.


In June 2024, QuikTrip affirmed its long-term commitment to the Property by executing a new 10-year lease extension. The lease features rent escalations every five years, zero landlord expense responsibilities, and six, five-year renewal options.


Located 8.5 miles northeast of downtown Kansas City, the Property is positioned within a large 2.09-acre site at a prominent signalized intersection directly off Interstate 35 (60,000 VPD) with access to over 132,900 residents in a five-mile radius. The Property’s retail corridor performs exceptionally well with 2.9% vacancy and 22.0% rent growth since 2020.

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Attributs

Prix demandé
10 640 000 $
Taux de capitalisation
5,65 %
VALSE
9.3 années
Occupation
100 %
Superficie du bâtiment nette
551 mètres carrés
Année de construction
2014
Superficie du terrain brute
0,85 ha

Média

Points forts de l'investissement

  • Purpose-built for QuikTrip in 1991 and redeveloped in 2014 for its new "Gen 3" store format
  • Corporate guaranty from QuikTrip Corporation ("QT")
  • Among the largest c-store operators with 1,085+ locations and $11B+ in revenue
  • Absolute NNN lease with zero landlord expense responsibilities
  • Recent new 10-year lease extension rent increases every five years
  • Large 2.95-acre site on a hard corner & signalized intersection with 60,000+ VPD
  • Strategically located near the I-35 & US-69 interchange
  • Robust demographics with 132k population and 10.9% population growth since 2014
QuikTrip - Kansas City, MO (Store #169) 4_Propriété à vendre
QuikTrip - Kansas City, MO (Store #169) 4_Propriété à vendre

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QuikTrip - Kansas City, MO (Store #169) (0 Propriétés)

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Dernière mise à jour
29 janv. 2025