QuikTrip - Mission, KS (Store #194)
4700 Lamar Avenue, Mission, KS, 66202, US
NT$134,422,000 | 419 平方米
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.