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
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

