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Auto Service - Gas-Conv

QuikTrip | NNN Lease | Liberty, MO

655 Rte 291, Liberty, MO 64068

Listing Price: $10,208,880

Cap Rate
5.00%
Tenant Name
QuikTrip
Years Remaining On Lease
8.5
Gross SF
6,119
Guarantor
Corporate Guarantee
Rentable SF
6,119
Price/Gross SF
$1,668.39
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$83.42

Investment Overview

Marcus & Millichap is pleased to exclusively present a NNN leased QuikTrip in Liberty, Missouri.
This QuikTrip has over eight years remaining on its term and absolutely no landlord responsibilities, is corporately guaranteed by QuikTrip Corporation, and includes 10 five-year options with rental increases. The newly (2018) constructed replacement store is eligible for 60 percent bonus depreciation in the first year under fee simple ownership, subject to consultation with an accountant or attorney. Ranked among the top 7% of all QuikTrip locations by visits, this site had 1.4 million visits in the last 12 months (Placer.ai). It is located in a dense retail corridor near Liberty Triangle and other major shopping centers such as Liberty Commons and Wilshire Plaza, featuring numerous prominent retailers and hotels. The area boasts attractive demographics with a population of 79,309 within five miles, expected to grow by 2.5 percent by 2028, and an average household income of $114,000 within three miles.

Investment Highlights

  • NNN Leased QuikTrip with Over Eight Years of Term Remaining | Absolutely No Landlord Responsibilities
  • Replacement Store - Old Building Was Demolished and Subject Property was Newly Constructed
  • Ranked Among the Top 7 Percent of All QuikTrip Locations, by Visits (Placer.ai)
  • Situated in a Dense Retail Corridor | In Extremely Close Proximity to Liberty Triangle | Anchor Tenants Include Lowe's, Hy-Vee, Dick's Sporting Goods, and Ross | Outlots Include Raising Cane's, Texas Roadhouse, Red Robin, Olive Garden, and More
  • More than 10 Hotels Nearby Including Fairfield Inn & Suites, Holiday Inn Express, Hampton Inn, TownePlace Suites, Best Western Premier, Home2 Suites, and More
  • 1.3 Miles from Liberty Commons | Notable Tenants Include Academy Sports + Outdoors, Hobby Lobby, HomeGoods, Petco, Ulta, Five Below, Bath & Body Works, and More
  • Attractive and Affluent Demographics with Recent Growth | The Population Within Five Miles has Expanded 18.2 Percent from 2010 to 2020

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Auto Service - Gas-Conv

QuikTrip | NNN Lease | Liberty, MO

Listing Price: $10,208,880

Cap Rate
5.00%
Tenant Name
QuikTrip
Years Remaining On Lease
8.5
Gross SF
6,119
Guarantor
Corporate Guarantee
Rentable SF
6,119
Price/Gross SF
$1,668.39
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$83.42

Investment Highlights

  • NNN Leased QuikTrip with Over Eight Years of Term Remaining | Absolutely No Landlord Responsibilities
  • Replacement Store - Old Building Was Demolished and Subject Property was Newly Constructed
  • Ranked Among the Top 7 Percent of All QuikTrip Locations, by Visits (Placer.ai)
  • Situated in a Dense Retail Corridor | In Extremely Close Proximity to Liberty Triangle | Anchor Tenants Include Lowe's, Hy-Vee, Dick's Sporting Goods, and Ross | Outlots Include Raising Cane's, Texas Roadhouse, Red Robin, Olive Garden, and More
  • More than 10 Hotels Nearby Including Fairfield Inn & Suites, Holiday Inn Express, Hampton Inn, TownePlace Suites, Best Western Premier, Home2 Suites, and More
  • 1.3 Miles from Liberty Commons | Notable Tenants Include Academy Sports + Outdoors, Hobby Lobby, HomeGoods, Petco, Ulta, Five Below, Bath & Body Works, and More
  • Attractive and Affluent Demographics with Recent Growth | The Population Within Five Miles has Expanded 18.2 Percent from 2010 to 2020

Investment Overview

Marcus & Millichap is pleased to exclusively present a NNN leased QuikTrip in Liberty, Missouri. This QuikTrip has over eight years remaining on its term and absolutely no landlord responsibilities, is corporately guaranteed by QuikTrip Corporation, and includes 10 five-year options with rental increases. The newly (2018) constructed replacement store is eligible for 60 percent bonus depreciation in the first year under fee simple ownership, subject to consultation with an accountant or attorney. Ranked among the top 7% of all QuikTrip locations by visits, this site had 1.4 million visits in the last 12 months (Placer.ai). It is located in a dense retail corridor near Liberty Triangle and other major shopping centers such as Liberty Commons and Wilshire Plaza, featuring numerous prominent retailers and hotels. The area boasts attractive demographics with a population of 79,309 within five miles, expected to grow by 2.5 percent by 2028, and an average household income of $114,000 within three miles.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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