Auto Service - Gas-Conv
QuikTrip Saint Louis
3934 Lemay Ferry Rd, St. Louis, MO 63125
Listing Price: $4,565,886
Investment Overview
Marcus and Millichap is pleased to exclusively present for sale, this brand new ground leased corporate backed QuikTrip asset. The tenant is already paying rent and is on a very rare 20 year absolute NNN lease term. The property is currently under construction by the tenant, but due to the ground leased structure, investors can purchase while the tenant completes their improvements.
QuikTrip remains a dominant tenant in the Gas/Convenience space boasting 2023 revenue north of $10B. This asset is shadow anchored to Home Depot and Kitty Cornered to the South County Center Shopping Mall; this location is poised to do extremely well due to it's strategic location on Lemay Ferry Rd, close proximity to the Dave Sinclair Car Dealership Network, and being the only gas station on this corner.
QuikTrip Saint Louis
Investment Highlights
- Extremely Rare 20 Year Lease
- Absolute NNN Lease | Zero Landlord Responsibilities
- Shadow Anchored to a Home Depot | Signalized Hard corner
- Corporate Guaranteed Lease with over 1,000 locations nationally
- Dominant Tenant - QuikTrip boasts 31k+ employees and frequently posts revenue north of $10B annually
- High Density STL Location with attractive demos
- Only Gas Station on the Corner
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $4,565,886
Investment Highlights
- Extremely Rare 20 Year Lease
- Absolute NNN Lease | Zero Landlord Responsibilities
- Shadow Anchored to a Home Depot | Signalized Hard corner
- Corporate Guaranteed Lease with over 1,000 locations nationally
- Dominant Tenant - QuikTrip boasts 31k+ employees and frequently posts revenue north of $10B annually
- High Density STL Location with attractive demos
- Only Gas Station on the Corner
Investment Overview
Marcus and Millichap is pleased to exclusively present for sale, this brand new ground leased corporate backed QuikTrip asset. The tenant is already paying rent and is on a very rare 20 year absolute NNN lease term. The property is currently under construction by the tenant, but due to the ground leased structure, investors can purchase while the tenant completes their improvements. QuikTrip remains a dominant tenant in the Gas/Convenience space boasting 2023 revenue north of $10B. This asset is shadow anchored to Home Depot and Kitty Cornered to the South County Center Shopping Mall; this location is poised to do extremely well due to it's strategic location on Lemay Ferry Rd, close proximity to the Dave Sinclair Car Dealership Network, and being the only gas station on this corner.
Exclusively Listed By
Broker of Record
Financing By
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