Confidential Offering – Absolute NNN Kum & Go – 16 Years Remaining with 7.5% Rental Increased every 5 Years
We are pleased to present the absolute NNN Kum & Go located in a Midwest market for your acquisition review. The 20-year lease commenced in July 2017 and has approximately 16 years
remaining with 7.5% rental increases every 5 years. The next rental increase is scheduled for July 2022. The subject property is located at the signalized intersection of W. Jackson Street and N. 9th Street, adjacent to the Ozark High School and Junior High School campuses.
- Strong private credit
- 16+ Years Remaining
- 7.5% Rental Increases Every 5 Years (next in July 2022)
- Three 5-year renewal options with 6% rental increases
- Signalized Intersection
- 15,000+ Vehicles per day in front of subject property
- Large Format 5,000 Square Foot Store on 2 Acres
- Population exceeds 33,000 within 5 miles
- Offered at $5,440,000
- Going-in cap rate of 5.35% increasing to 5.75% in July 2022
Contact Adam Levy at 312-698-9800 or firstname.lastname@example.org for further details and to review the Offering Memorandum.