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6840 Highway 224
Wellington, MO 64097
SQRL · Retail Property For Sale
Investment Highlights
- Long-Term Absolute NNN Lease – Tenant recently executed a brand-new 20-Year Absolute NNN lease, providing a completely passive long-term investment.
- Strong Corporate Guarantor – This location is corporately backed by SQRL Holdings which currently operates around 145 locations.
- Vertically Integrated – SQRL is acting as their own fuel supplier which makes them more profitable per site than other gas station operators.
- Annual Rent Increases – The lease features two percent annual increases.
- Fast Growing Tenant – SQRL has an additional 60 units in the pipeline which should close by mid this year.
- Low Competition – This location is the only gas station on HWY 224 in Wellington which allows for higher margins on both gas and convenience sales.
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
1,200 SF
Year Built/Renovated
1972/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.65 AC
Property Taxes
| Parcel Number | 11-5.0-15-4-001-002.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $13,459 |
Property Taxes
Parcel Number
11-5.0-15-4-001-002.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$13,459
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