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Miscellaneous

Greyhound Missouri

1101 Troost Ave, Kansas City, MO 64106

Listing Price: $2,300,000

Cap Rate
6.52%
Tenant Name
Greyhound
Years Remaining On Lease
5.7
Guarantor
Corporate Guarantee
Rentable SF
18,178
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.25

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present for sale Greyhound, Kansas City, MO
(the “Property”), a +/-18,178-square-foot, single-tenant, industrial-flex building, located in Kansas City, Missouri. The Greyhound bus station is less than two miles from downtown Kansas City and fronts Troost Ave directly east of Interstate 70, a major east–west Interstate highway in the United States. Greyhound has been a tenant at the location for over 20 years and currently has term through October 2029, with no options to extend thereafter. The terminal serves as a main intercity bus pickup and drop-off.

Greyhound Lines, Inc. operates the largest intercity bus service in North America. Their fleet of 1,700 coaches serves 230 stations and 1,700 destinations throughout the United States. The company's first route began in 1914, and the company adopted the Greyhound name in 1929. The company is now owned by Flix North Ame ica, Inc., an affiliate of FlixBus, and is headquartered in Downtown Dallas.

Investment Highlights

  • Rare Investment Opportunity: Located in a market that has limited available inventory, limited vacancy, and strong demand for commercial properties
  • Strategic Location: Less than two miles from downtown Kansas City, MO
  • Triple-Net Lease: Minimal landlord responsibilities
  • Priced Well Below Replacement Cost

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Miscellaneous

Greyhound Missouri

Listing Price: $2,300,000

Cap Rate
6.52%
Tenant Name
Greyhound
Years Remaining On Lease
5.7
Guarantor
Corporate Guarantee
Rentable SF
18,178
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.25

Investment Highlights

  • Rare Investment Opportunity: Located in a market that has limited available inventory, limited vacancy, and strong demand for commercial properties
  • Strategic Location: Less than two miles from downtown Kansas City, MO
  • Triple-Net Lease: Minimal landlord responsibilities
  • Priced Well Below Replacement Cost

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present for sale Greyhound, Kansas City, MO (the “Property”), a +/-18,178-square-foot, single-tenant, industrial-flex building, located in Kansas City, Missouri. The Greyhound bus station is less than two miles from downtown Kansas City and fronts Troost Ave directly east of Interstate 70, a major east–west Interstate highway in the United States. Greyhound has been a tenant at the location for over 20 years and currently has term through October 2029, with no options to extend thereafter. The terminal serves as a main intercity bus pickup and drop-off. Greyhound Lines, Inc. operates the largest intercity bus service in North America. Their fleet of 1,700 coaches serves 230 stations and 1,700 destinations throughout the United States. The company's first route began in 1914, and the company adopted the Greyhound name in 1929. The company is now owned by Flix North Ame ica, Inc., an affiliate of FlixBus, and is headquartered in Downtown Dallas.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

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