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528 NW Englewood Rd 5,871 SF Retail Building Kansas City, MO 64118 $6,722,400 ($1,145.02/SF) 5% Cap Rate
Investment Highlights
- Approximately 14 years remaining on current lease term with multiple renewal options.
- Qualifies for 100% bonus depreciation in the first year.
- True passive income with zero maintenance, taxes or insurance obligations.
Executive Summary
-Long-term NNN Lease backed by a corporate guarantee from QuikTrip
- Approximately 14 years remaining on current lease term with multiple renewal options.
- This location is a replacement store and situated in a high-traffic area surrounded by retail and residential communities.
-Strong visibility with direct access to US-169. High consumer and vehicle traffic counts support high sales volume.
- Reported 3-mile population of 72,843 and 5-mile population of 160,058.
- This QuikTrip sits in the heart of the Northland area, a growing suburban region with strong retail synergy.
- Qualifies for 100% bonus depreciation in the first year.
- Approximately 14 years remaining on current lease term with multiple renewal options.
- This location is a replacement store and situated in a high-traffic area surrounded by retail and residential communities.
-Strong visibility with direct access to US-169. High consumer and vehicle traffic counts support high sales volume.
- Reported 3-mile population of 72,843 and 5-mile population of 160,058.
- This QuikTrip sits in the heart of the Northland area, a growing suburban region with strong retail synergy.
- Qualifies for 100% bonus depreciation in the first year.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,871 SF
Building Class
C
Year Built/Renovated
2010/2014
Price
$6,722,400
Price Per SF
$1,145.02
Cap Rate
5%
NOI
$336,120
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.61 AC
Zoning
C
Parking
46 Spaces (7.84 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-812-00-01-033.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,057,890 |
Property Taxes
Parcel Number
13-812-00-01-033.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,057,890
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528 NW Englewood Rd
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