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Valvoline 14450 E Us Highway 40 2,042 SF Retail Building Kansas City, MO 64136 $1,825,000 ($893.73/SF) 5.24% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Investment
  • Stable, Long Term Operating History
  • Corporate Guarantee - Valvoline, Inc.
  • Major Price Reduction

EXECUTIVE SUMMARY

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. Tenant recently exercised their 1st options 10 years early, resulting in a full 15 year 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

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,042 SF
Building Class
C
Year Built
2000
Price
$1,825,000
Price Per SF
$893.73
Cap Rate
5.24%
NOI
$95,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.60 AC
Zoning
B2-2 - Neighborhood Business
Parking
6 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
138’ on East US Highway 40

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Valvoline
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Valvoline Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Planet Fitness
Starbucks
Hy-Vee
Price Chopper
Central Bank of the Ozarks
Scooter's Coffeehouse
Bank of Montreal
Olive Garden
Red Lobster
WW

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-510-14-51-00-0-00-000
Land Assessment
$143,789
Improvements Assessment
$335,507
Total Assessment
$479,296
  • Listing ID: 33300741

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 14450 E Us Highway 40, Kansas City, MO 64136

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