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Auto Service - Gas-Conv

Absolute Triple Net-Leased Kum & Go

2577 High St, Sarcoxie, MO 64862

Listing Price: $2,555,088

Cap Rate
6.24%
Tenant Name
Kum & Go
Years Remaining On Lease
2.5
Gross SF
5,118
Guarantor
Corporate Guarantee
Rentable SF
5,118
Price/Gross SF
$499.24
Lease Type
Absolute Net
Rent Per Square Feet
$31.14

Investment Overview

Marcus & Millichap is pleased to exclusively offer an absolute triple-net leased Kum & Go, which benefits from annual rental increases of 1.5 percent. There are no landlord responsibilities, and the lease is corporately guaranteed by Kum & Go, L.C. Additionally, the property is eligible for 60 percent bonus depreciation in the first year due to its fee simple ownership, allowing the landlord to take advantage of the accelerated bonus depreciation model (consultation with an accountant or attorney is advised).

Conveniently located directly off Interstate 44, the site experiences a high volume of traffic, with 33,886 vehicles per day along the interstate. It is the nearest gas station to Exit 29 and is situated along High Street, the main thoroughfare in the area. Notable tenants accessible from High Street include a Ford dealership, Dollar General, Family Dollar (newly constructed in 2023), Parts City Auto Parts, a supermarket, a hardware store, Ozarkland Village, and more.

Ranked in the top 8 percent for visits nationwide for the most gas stations and convenience stores (according to Placer.ai), the Kum & Go has received 597,800 visits in the past 12 months and is the most visited gas station within a 15-mile radius. The location is well-established, with Kum & Go having been situated here for over 17 years, and the store subleasing part of the space to a Subway, which increases foot traffic.

The area surrounding the property is served by many drivers and includes several local amenities. It is less than a mile from Beagle Bay RV Haven & Campground, 1.5 miles from Wildwood Elementary School (with 290 students), 1.8 miles from Sarcoxie High School (with 401 students), and 1.9 miles from Autumn Acres Mobile Home Community. Additionally, it is 4.2 miles from Center Creek Country Club.

Investment Highlights

  • Absolute Triple-Net Leased Kum & Go with Annual Rental Increases | Corporately Guaranteed by Kum & Go, L.C.
  • Eligible for 60 Percent Bonus Depreciation in Year One
  • Conveniently Situated Directly Off of Interstate 44 - 33,886 Vehicles per Day | This is the Nearest Gas Station to Exit 29
  • Ranked Among the Top 8 Percent of Gas Stations and Convenience Stores Nationwide, by Visits in 2023 (Placer.ai)
  • The Most Visited Gas Station Within 15 Miles (Placer.ai)
  • Established Location | Kum & Go has been Located Here for Over 17 Years

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Auto Service - Gas-Conv

Absolute Triple Net-Leased Kum & Go

Listing Price: $2,555,088

Cap Rate
6.24%
Tenant Name
Kum & Go
Years Remaining On Lease
2.5
Gross SF
5,118
Guarantor
Corporate Guarantee
Rentable SF
5,118
Price/Gross SF
$499.24
Lease Type
Absolute Net
Rent Per Square Feet
$31.14

Investment Highlights

  • Absolute Triple-Net Leased Kum & Go with Annual Rental Increases | Corporately Guaranteed by Kum & Go, L.C.
  • Eligible for 60 Percent Bonus Depreciation in Year One
  • Conveniently Situated Directly Off of Interstate 44 - 33,886 Vehicles per Day | This is the Nearest Gas Station to Exit 29
  • Ranked Among the Top 8 Percent of Gas Stations and Convenience Stores Nationwide, by Visits in 2023 (Placer.ai)
  • The Most Visited Gas Station Within 15 Miles (Placer.ai)
  • Established Location | Kum & Go has been Located Here for Over 17 Years

Investment Overview

Marcus & Millichap is pleased to exclusively offer an absolute triple-net leased Kum & Go, which benefits from annual rental increases of 1.5 percent. There are no landlord responsibilities, and the lease is corporately guaranteed by Kum & Go, L.C. Additionally, the property is eligible for 60 percent bonus depreciation in the first year due to its fee simple ownership, allowing the landlord to take advantage of the accelerated bonus depreciation model (consultation with an accountant or attorney is advised). Conveniently located directly off Interstate 44, the site experiences a high volume of traffic, with 33,886 vehicles per day along the interstate. It is the nearest gas station to Exit 29 and is situated along High Street, the main thoroughfare in the area. Notable tenants accessible from High Street include a Ford dealership, Dollar General, Family Dollar (newly constructed in 2023), Parts City Auto Parts, a supermarket, a hardware store, Ozarkland Village, and more. Ranked in the top 8 percent for visits nationwide for the most gas stations and convenience stores (according to Placer.ai), the Kum & Go has received 597,800 visits in the past 12 months and is the most visited gas station within a 15-mile radius. The location is well-established, with Kum & Go having been situated here for over 17 years, and the store subleasing part of the space to a Subway, which increases foot traffic. The area surrounding the property is served by many drivers and includes several local amenities. It is less than a mile from Beagle Bay RV Haven & Campground, 1.5 miles from Wildwood Elementary School (with 290 students), 1.8 miles from Sarcoxie High School (with 401 students), and 1.9 miles from Autumn Acres Mobile Home Community. Additionally, it is 4.2 miles from Center Creek Country Club.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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