Investment Overview
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. 15 year remaining on primary lease term, with corporate guarantee from Valvoline, Inc. 10% rent increase in October 2030 and 10% in October of 2035. Three 5 year options at 10% increases each. Strong operating history at this location since 2000. Tenant recently agreed to an early exercise of the 1st 5 year option with 10 years remaining on the initial terms resulting in a full 15 year commitment as of October 2025.
Investment Highlights
- - Absolute NNN Valvoline Quick Lube
- - Corporate Guarantee Valvoline, Inc.
- -Lease Expires 10/15/2040
- - Constructed in 2000
- - 10% rent increase October 2030
- -10% Increase October 2035
- - Two 5 year options with 10% increases each
- - Prime location in Kansas City
- - 100% occupancy with established tenants
- - Strong income-generating asset