QuikTrip - Riverside, MO (Store #170)

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 4600 Gateway Avenue, Riverside, 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 of $2.39 PSF every five years, zero landlord expense responsibilities, and ten, five-year renewal options.

Located 6.6 miles north of downtown Kansas City, the Property is positioned within a large 7.5-acre site adjacent to two business parks with access to over 164K residents in a five-mile radius. The area’s growth has been strong with 11.3% population growth since 2014. Further, the Property’s retail corridor performs exceptionally well with 4.3% vacancy and 21.6% rent growth since 2020.