101 E Lake St | Mc Louth, KS 66054
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101 E Lake St
Mc Louth, KS 66054
SQRL Service Station 20 Year NNN Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Long-Term Absolute NNN Lease - 19 Years remaining on an Absolute NNN lease with zero landlord responsibilities.
- Annual Rental Increases - 2% annual rental increases throughout the base term and option periods, providing a hedge against inflation.
- Depreciation Benefits - Eligible for accelerated and/or bonus depreciation. Please consult with your CPA for further information.
- Corporate Guarantee - SQRL Holdings operates 160+ locations in 10 states with 80+ new units in the pipeline.
- New Remodel - 2022 remodel to SQRL Fuel Station's latest prototype; demonstrating their long-term commitment to the location.
- Nearby Attractions - McLouth High School and Elementary School, McLouth City Hall, United States Postal Service, Dollar General, and Casey’s
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Service Station
- General Retail Convenience Store
- General Retail Freestanding
Building Size
1,448 SF
Building Class
B
Year Built/Renovated
1950/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.32 AC
Zoning
C - Commercial
Frontage
- 136’ on West Lake Street
- 85’ on South Union Street
- 149’ on Lake St
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 203-08-0-40-03-006-00-0 | Improvements Assessment | $64,515 |
| Land Assessment | $4,263 | Total Assessment | $68,778 |
PROPERTY TAXES
Parcel Number
203-08-0-40-03-006-00-0
Land Assessment
$4,263
Improvements Assessment
$64,515
Total Assessment
$68,778
Listing ID: 27070221
Date on Market: 11/8/2022
Last Updated:
Address: 101 E Lake St, Mc Louth, KS 66054
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