Offering Memorandum
Property Highlights
- PORTFOLIO SALE LEASEBACK OF SIX GAS STATION PROPERTIES IN KANSAS AND MISSOURI
- NEW 20-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE SIGNED AT CLOSING
- 10% RENT INCREASES EVERY 5 YEARS
- ESTABLISHED LOCATIONS WITH EXPERIENCED OPERATOR
- STRONG STORE LEVEL FUNDAMENTALS
- LOCATIONS HAVE EXCELLENT VISIBILITY AND ACCESS
- Price: $5,866,666
- Lot Size: 2.78
- Cap Rate: 7.50%
- Lease Type: Absolute Triple Net (NNN)
- Year Built: 2011
- Building SF: 12,669
- Status: Sold
- Guarantor: Franchisee