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Auto Service - Gas-Conv

Alta | Absolute NNN Corporate Lease

299 US-24, Downs, KS 67437

Listing Price: $870,000

Cap Rate
6.50%
Tenant Name
Alta
Years Remaining On Lease
16.0
Guarantor
Corporate Guarantee
Rentable SF
2,136
Lease Type
Absolute Net
Rent Per Square Feet
$26.53

Investment Overview

Subject property is a corporate leased Alta Convenience C-Store/Gas Station in Downs, KS. It has 16 years remaining in the current term of an absolute NNN Lease with rental increases in 2026, 2031, 2036, and each of its four, 5-year options.

Investment Highlights

  • Corporate Lease with 16 Years Remaining
  • Rental Increases in 2026, 2031, 2036 & in Options
  • Potential Bonus Depreciation Opportunity

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Auto Service - Gas-Conv

Alta | Absolute NNN Corporate Lease

Listing Price: $870,000

Cap Rate
6.50%
Tenant Name
Alta
Years Remaining On Lease
16.0
Guarantor
Corporate Guarantee
Rentable SF
2,136
Lease Type
Absolute Net
Rent Per Square Feet
$26.53

Investment Highlights

  • Corporate Lease with 16 Years Remaining
  • Rental Increases in 2026, 2031, 2036 & in Options
  • Potential Bonus Depreciation Opportunity

Investment Overview

Subject property is a corporate leased Alta Convenience C-Store/Gas Station in Downs, KS. It has 16 years remaining in the current term of an absolute NNN Lease with rental increases in 2026, 2031, 2036, and each of its four, 5-year options.

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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