1503 S Range Line Rd | Joplin, MO 64804
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1503 S Range Line Rd
Joplin, MO 64804
White Oak Station · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 12 Years left on their Absolute NNN Lease, which has 8% rental increases every five (5) years, inclusive of the four (4), five (5) year renewal option
- Strong Tenant - 400+ Unit operator, Kum & Go is the 18th Largest Convenience Store Operator in the Nation. 202 marks Kum & Go's 63rd year.
- 100% Bonus Depreciation - Fee simple ownership of a convenience store and Gas Station.
- Zero Landlord Responsibility - Absolute Triple Net Lease. There are Zero Management responsibilities, for buyers looking for a “hands-off” investment.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
4,884 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.13 AC
Zoning
Commercial
Parking
26 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
55’ on South Rangeline Road
AMENITIES
- Corner Lot
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 20-3.0-07-30-004-022.004 | Improvements Assessment | $204,040 |
| Land Assessment | $121,620 | Total Assessment | $325,660 |
PROPERTY TAXES
Parcel Number
20-3.0-07-30-004-022.004
Land Assessment
$121,620
Improvements Assessment
$204,040
Total Assessment
$325,660
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