Valvoline Quick Lube
New 15 Year Corporate Guaranteed Lease
Marketing description
Located on the eastern edge of Kansas City and directly adjacent the the city limits of Independence MO, the area surrounding the property is the home of numerous national and local retailers popular with net leased investors. Situated within close proximity to noteworthy landmarks such as the Truman Sports Complex, home of the Kansas City Royals and Kansas City Chiefs. the location offers prime visibility and access for businesses seeking to tap into the thriving local economy. With its strategic positioning along East US Highway 40, this area is poised to attract a steady stream of potential customers, making it an enticing prospect for retail and free-standing building investors.
Investment highlights
Introducing a unique opportunity for retail investors in the thriving Kansas City area! This 2,042 SF free-standing building, constructed in 2000 and zoned C2P, boasts a perfect location and a solid 100% occupancy. 15 year remaining on primary lease term, with corporate guarantee from Valvoline, Inc. 10% rent increase in October 2030 and 10% in October of 2035. Two 5 year options at 10% increases each. Strong operating history at this location since 2000. Valvoline exercised the 1st 5 year option early allowing for a full 15 years of primary term followed by 2-Five year options. Proven, strong location since 2000.
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