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31582393
31582395

1503 S Rangeline Rd, Joplin, MO 64804

SS
CA 01408008
The Trafton Group
Listed by The Trafton Group
$3,875,000
128 days on market
Updated 55 days ago

Kum & GO/ Maverik Guarentee (Subleased to WhiteOak Station)

Details
Property Type Retail
Sub Type Gas Station
Square Footage 4,884
Pumps 16
Cap Rate 6.28%
NOI $243,348
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 02/28/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options YES
Price per SqFt $793
Broker Co-Op Yes
Year Built 2013
Acreage 1.130
Investment Type Net Lease
Lease Commencement 02/28/2014
Occupancy Date 03/01/2014
Ground Lease No
Ownership Fee Simple

16 pump Kum & Go/Maverik | 6.28% CAP | Out parcel to Super Wal Mart

Marketing description

Well-located White Oak Station (guaranteed by Kum & Go / Maverik) featuring approximately 8 years remaining on the primary lease term. This large-format convenience store with 16 fuel pumps is positioned on a highly trafficked corridor and sits as an out-parcel to Walmart Supercenter, providing exceptional daily traffic and visibility.

The lease structure offers zero landlord responsibilities with 8% rental increases every five years, making this an attractive long-term, passive investment opportunity.

The property is situated at the fully signalized intersection of Rangeline Road and E. 15th Street, offering direct access to Walmart and surrounding retail. Rangeline Road serves as a major commercial corridor with traffic counts exceeding 35,000 vehicles per day, while the immediate intersection benefits from approximately 16,000 ADT.

The site is surrounded by a strong lineup of national retailers, including Walmart, Hobby Lobby, Burger King, Aldi, Raising Cane’s, Chili’s, Panda Express, and Wendy’s—driving consistent consumer traffic to the area.

This 24-hour location offers breakfast items, hot sandwiches, pizza, and an expanded food program, further enhancing in-store sales performance.

Investment highlights

Kum & Go / Maverik Guaranteed Lease

±8 Years Remaining on Primary Term

Large-Format C-Store with 16 Fuel Pumps

24-Hour Operation

8% Rent Increases Every 5 Years

Absolute Net Lease | Zero Landlord Responsibilities

Out-Parcel to Walmart Supercenter

Fully Signalized Intersection at Rangeline Rd & E. 15th St

Excellent Visibility & Access

±16,000 ADT at Intersection | 35,000+ Vehicles per Day on Rangeline Rd

Strong Surrounding National Retail: Walmart, Hobby Lobby, Aldi, Raising Cane’s, Chili’s, Panda Express, Burger King, Wendy’s

4,884 sq. ft. C- store featuring (Breakfast, Coffee bar, Hot Sandwiches, Pizza & More)

Established Trade Area with Dense Retail Synergy

Passive, Long-Term Investment Opportunity

Listing Contacts

SS
CA 01408008
The Trafton Group
Listed by The Trafton Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$243,348.00
$20,279.00/mo

Valuation Metrics

0
DSCR
6.28%
Cap Rate
6.28%
ROI

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