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Auto Service - Gas-Conv

SQRL 20 Year NNN leases 2% Annual Bumps

917 W 4th St, Holton, KS 66436

Listing Price: $1,428,571

Cap Rate
7.00%
Tenant Name
2901 SE Fremont St, Topeka, KS 66605
Years Remaining On Lease
19.2
Guarantor
Corporate Guarantee
Rentable SF
1,700
Lease Type
Absolute Net
Rent Per Square Feet
$58.82

Investment Overview

Marcus & Millichap is pleased to present for sale this SQRL Service Station and Convenience Store located at 917 W. 4th Street in Holton, Kansas. Holton is a city in and the county seat of Jackson County, Kansas with population over 3,401. It is included Jackson County, Kansas with a population 13,232. This SQRL Service Station is located a few minutes from the popular Prairie Band Potawatomi Indian Casino and Resort located on the Prairie Band Potawatomi Indian Reservation. This was the first full-service casino in the state of Kansas. This casino-entertainment complex encompasses 63,000 square feet and features over 1,000 slot machines, fine restaurants and drawing thousands of visitors each year from all over the state of Kansas. Nearby this SQRL property are several shopping destinations including Walmart Super Center, Gage Village Shopping Center, Hillsdale Shopping Center, Westridge Mall, Vista West Ridge Mall and Kroger Variety, Inc. A few minutes from the property is Holton High School with a current enrollment over 304 students. SQRL Fuel Stations are clean, well-lit and safe places to fill up and grab some food. The stations offer full service at the pump and inside, along with drive-thru convenience store service. Clean parking lots and bathrooms can be expected at every SQRL location. These family-friendly coffee-shop like convenience stores offer proprietarily sourced products interspersed with locally grown products and items. The leases are guaranteed by an 80+ unit operating entity. Due to the success of SQRL rollouts, the operator has plans to continue expansion with an additional 70+ units in its development pipeline.

Investment Highlights

  • 20 Year Absolute Net Lease | Zero Landlord Responsibilities
  • Being Remodeled as SQRL Fuel Stations
  • Qualifies for Accelerated Depreciation
  • Every SQRL Location Offers Full Service
  • Drive-Thru & Order at Pump Convenience Store Service

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Auto Service - Gas-Conv

SQRL 20 Year NNN leases 2% Annual Bumps

Listing Price: $1,428,571

Cap Rate
7.00%
Tenant Name
2901 SE Fremont St, Topeka, KS 66605
Years Remaining On Lease
19.2
Guarantor
Corporate Guarantee
Rentable SF
1,700
Lease Type
Absolute Net
Rent Per Square Feet
$58.82

Investment Highlights

  • 20 Year Absolute Net Lease | Zero Landlord Responsibilities
  • Being Remodeled as SQRL Fuel Stations
  • Qualifies for Accelerated Depreciation
  • Every SQRL Location Offers Full Service
  • Drive-Thru & Order at Pump Convenience Store Service

Investment Overview

Marcus & Millichap is pleased to present for sale this SQRL Service Station and Convenience Store located at 917 W. 4th Street in Holton, Kansas. Holton is a city in and the county seat of Jackson County, Kansas with population over 3,401. It is included Jackson County, Kansas with a population 13,232. This SQRL Service Station is located a few minutes from the popular Prairie Band Potawatomi Indian Casino and Resort located on the Prairie Band Potawatomi Indian Reservation. This was the first full-service casino in the state of Kansas. This casino-entertainment complex encompasses 63,000 square feet and features over 1,000 slot machines, fine restaurants and drawing thousands of visitors each year from all over the state of Kansas. Nearby this SQRL property are several shopping destinations including Walmart Super Center, Gage Village Shopping Center, Hillsdale Shopping Center, Westridge Mall, Vista West Ridge Mall and Kroger Variety, Inc. A few minutes from the property is Holton High School with a current enrollment over 304 students. SQRL Fuel Stations are clean, well-lit and safe places to fill up and grab some food. The stations offer full service at the pump and inside, along with drive-thru convenience store service. Clean parking lots and bathrooms can be expected at every SQRL location. These family-friendly coffee-shop like convenience stores offer proprietarily sourced products interspersed with locally grown products and items. The leases are guaranteed by an 80+ unit operating entity. Due to the success of SQRL rollouts, the operator has plans to continue expansion with an additional 70+ units in its development pipeline.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

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