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101 N 10th St
Independence, KS 67301
Quick Lube Sale Leaseback · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
2,040 SF
Building Class
C
Year Built
1993
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.28 AC
Zoning
Commercial
Frontage
281’ on North 10th Street

ABOUT 101 N 10TH ST , INDEPENDENCE, KS 67301

SVN Silveri Co and Easy Leasebacks present this sale-leaseback of a successful quick lube. The current owner will lease back this location for 15 years, absolute triple net. The NNN lease includes 1% annual increases. The tenant is Stribco Inc, owner/operator of six locations, all branded with Service Pro products. The owner of Stribco is an experienced owner/operator with 42 oil change locations throughout the Midwest. Built in 1993, this sharp looking 2,040 SF three bay lube is located at the corner of "Main and Main" right next door to McDonald’s and near Walgreen’s, Sears, Arby’s and many other retailers. Independence is located 113 miles from Wichita. There are over 20,000 people within a 10 mile radius. We have a second location in Joplin MO that can be added for a larger 1031. Both have a recent, clean phase 1 report making them low risk acquisitions. Co-listed with KS Broker of record SVN Encompass.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
087-36-0-10-14-008.00-0
Land Assessment
$16,790
Improvements Assessment
$58,728
Total Assessment
$75,518
  • Listing ID: 18650919

  • Date on Market: 2/26/2020

  • Last Updated:

  • Address: 101 N 10th St, Independence, KS 67301

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