QUIKTRIP

INVESTMENT HIGHLIGHTS

• ABSOLUTE NNN LEASE: There are zero landlord responsibilities as the tenant is directly responsible for all CAM, taxes, insurance, as well as roof and structure. This provides a hands-off, passive investment opportunity to an investor.
• CORPORATE GUARANTEE: The lease is backed by QuikTrip Corporation ($11B), Strong Credit Tenancy with ±1,085 locations Nationwide.
• LONG-TERM LEASE: There are ±10.5 Years remaining on the initial lease term. The lease features Ten (10) Five-Year options to extend, with attractive rental increases to hedge against inflation in the option periods.
• GENERATION 3 STORE FORMAT: This asset is QuikTrip’s newest store format, featuring a larger kitchen and a more up-to-date exterior than the previous store format.
• SIGNALIZED CORNER LOT: This asset is strategically located on Armour Rd (±33,600 VPD), positioned right off of I-35 (±108,2000 VPD).
• MAJOR MSA: Situated Four Miles north of the heart of Kansas City, Missouri, which features attractions like KC Live! In the Power & Light District, T-Mobile Center, the Kansas City Convention Center, and many national tenant retailers.
• POTENTIAL 60% BONUS DEPRECIATION: Fee Simple Ownership of subject property may allow the landlord to use the Accelerated Bonus Depreciation Model (Consult your CPA)