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QuikTrip | St. Charles, MO 3889 Mexico Rd 6,021 SF Retail Building Saint Charles, MO 63303 $3,745,000 ($621.99/SF) 5.15% Cap Rate
Investment Highlights
- Corporate QuikTrip Gas Station and C-Store Ground Lease
- QuikTrip Has Been at the Property for Several Decades and Did a Major Renovation, Expansion, and Lease Extension in 2015
- Below-Market Rent
- Absolute NNN Corporate Ground Lease
- Covered Land Play on 2.41-Acre Parcel; Top-Tier Intersection
- QuikTrip Is One of the Nation’s Leading Convenience and Gasoline Retailers With Over 1,100 Convenience Stores in 20 States
Executive Summary
15-Year Absolute NNN Corporate Ground Lease | Oversized 2.41-Acre Hard-Corner Signalized Intersection (51,000+ CPD) | St. Louis MSA; 2.8 Million People
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
6,021 SF
Building Class
B
Year Built
2016
Price
$3,745,000
Price Per SF
$621.99
Cap Rate
5.15%
NOI
$192,868
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.41 AC
Parking
30 Spaces (4.98 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
A Company Created to Provide Opportunities for Employees to Grow and Succeed. QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma. Founded in 1958, QuikTrip has grown to a more than $11 billion company with stores in all over the states. QuikTrip gives back to the communities it serves, donating five percent of net profits to charitable organizations in those communities. With their employees, QuikTrip has consistently been ranked as one of the top convenience store marketers in product quality and friendly service.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 6-0011-C274-00-0001.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $914,973 |
Property Taxes
Parcel Number
6-0011-C274-00-0001.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$914,973
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QuikTrip | St. Charles, MO | 3889 Mexico Rd
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