Investment Overview

Marcus & Millichap is pleased to exclusively offer a Kum & Go in Springfield, MO with over 15 years remaining on an Absolute NNN lease. The lease terms are particularly attractive, featuring a corporate guarantee and 7.5 Percent rental increases every five years throughout the base term and four, five-year options available. The property operates under an Absolute NNN lease structure, meaning no landlord responsibilities. Kum & Go has a long history at this location, having operated here since 1991. In 2019, the original building was demolished, expanded, and rebuilt, demonstrating the company’s strong commitment to this site. From a tax perspective, the property is eligible for 60 Percent bonus depreciation in year one, providing a considerable financial advantage to investors. As a fee simple owner, the landlord is also eligible to utilize the accelerated bonus depreciation model, though consulting an accountant or attorney is advised to fully understand the tax benefits. The property is located in a prime retail corridor, just 0.6 miles from the Interstate 65 interchange, with 31,746 vehicles passing by daily. Its hard-corner location offers easy ingress and egress from both Division Street and Packer Road. The surrounding area is densely populated with well-known national tenants, including Walmart Supercenter, McDonald’s, Chick-fil-A, and many more, making it a bustling commercial hub. Recent developments such as Whataburger and Take 5 Oil Change further underscore the area’s growth and potential. Demographically, the property is surrounded by a growing population. Within five miles, 121,159 people live in the area, and steady growth is projected in the coming years. Between 2010 and 2020, the population within one mile grew by 8.17 Percent, with additional growth expected by 2028. Furthermore, the property is located near some of Springfield’s largest employers, including Coca-Cola Bottling Co., O'Reilly Auto Parts' corporate office, and Bass Pro Shops' headquarters. Over 196,000 people work within five miles, ensuring a consistent flow of traffic to the location. This combination of prime location, favorable lease terms, and strong local demographics makes the Kum & Go property a compelling investment.