Investment Overview

Marcus & Millichap is pleased to present for sale this SQRL Service Station and Convenience Store located at 1110 N. Main Street in Cheney, Kansas. Cheney is a city in Sedgwick County Kansas which has a population of 523,824. Cheney was founded in 1883 and named for Benjamin P. Cheney, stockholder of the Atchison, Topeka and Santa Fe Railway. Many publicuse airports are located in Sedgwick County including Wichita Dwight D. Eisenhower National Airport, Beech Factory Airport, Cessna Aircraft Field, Cook Airfield and Westport Airport. Many colleges and universities are located a short distance from this SQRL property including Friends University, Kansas College of Osteopathic Medicine, Newman University, University of Kansas School of Medicine, WSU tech and Wichita State University. Also nearby are Bryan College with 1,390 students, Wichita State University with 15,000 students, and National American University with 9,519 students. Many Points of Interest and recreational areas are located nearby this property including Sedgwick County Extension Arboretum, Sedgwick County Zoo, INTRUST Bank Arena and Wichita-Sedgwick County Historical Museum. Located a few minutes from the property is Cheney State Park & Reservoir with 1,913 acres with 29 miles of roads, 2 marinas, 400 campsites, 6 boat ramps and 3 nature trails. 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.