Auto Service - Gas-Conv
QuikTrip
11201 E Truman Rd, Independence, MO 64050
Listing Price: $4,379,186
Cap Rate
6.15%
Tenant Name
QuikTrip
Years Remaining On Lease
1.8
Gross SF
3,960
Guarantor
Corporate Guarantee
Rentable SF
3,960
Price/Gross SF
$1,105.86
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$68.01
Investment Overview
Marcus & Millichap is pleased to preset QuikTrip located in Independence, MO (Kansas City MSA).
Investment Highlights
- Attractive & Rare Percentage Rent Structure // Built-in Upside Tied Directly to Tenant Sales Performance, providing a Unique Opportunity to Capture Additional Income.
- Absolute Triple-Net Lease Structure // Zero Landlord Responsibilities, Ideal for Passive, Long-Term Investors Seeking Predictable Cash Flow.
- Corporate Guaranteed Lease // Back by QuikTrip Corporation, a Nationally Recognized Operator with Over 1,100 Stores, Over 31,000 Employees, and a Long Track Record of Strong Financial Performance.
- Tax-Advantage Structure // Qualifies for 100 Percent Bonus Depreciation in the First Year.
Exclusively Listed By
Broker of Record
Listing Price: $4,379,186
Cap Rate
6.15%
Tenant Name
QuikTrip
Years Remaining On Lease
1.8
Gross SF
3,960
Guarantor
Corporate Guarantee
Rentable SF
3,960
Price/Gross SF
$1,105.86
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$68.01
Investment Highlights
- Attractive & Rare Percentage Rent Structure // Built-in Upside Tied Directly to Tenant Sales Performance, providing a Unique Opportunity to Capture Additional Income.
- Absolute Triple-Net Lease Structure // Zero Landlord Responsibilities, Ideal for Passive, Long-Term Investors Seeking Predictable Cash Flow.
- Corporate Guaranteed Lease // Back by QuikTrip Corporation, a Nationally Recognized Operator with Over 1,100 Stores, Over 31,000 Employees, and a Long Track Record of Strong Financial Performance.
- Tax-Advantage Structure // Qualifies for 100 Percent Bonus Depreciation in the First Year.
Investment Overview
Marcus & Millichap is pleased to preset QuikTrip located in Independence, MO (Kansas City MSA).
Exclusively Listed By
Broker of Record