-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 Kum & Go L.C, with Maverik being the parent company, one of the largest convenience store operators with 800+ locations nationwide.
-LONG-TERM LEASE WITH RENTAL ESCALATIONS: There are approximately 9 years remaining on the primary lease term providing a stable investment opportunity. The lease features four, 5-year options to extend with 8% rental increases every five years to hedge against inflation.
-SIGNALIZED INTERSECTION I MULTI ACCESS CORNER LOT: This asset is strategically positioned on S Rangeline (US-71) which is the primary retail corridor in Joplin, MO (±35,000 VPD). The property benefits from multiple points of ingress and egress, ensuring easy customer access. Proximity to major highways such as I-44 and I-49 further supports traffic flow and accessibility.
-DENSE RETAIL CORRIDOR: This property is surrounded by high-performing national and regional tenants, driving consistent customer traffic to the area. Nearby tenants include Walmart, Aldi, Lowe’s, Chick-fil-A, Starbucks, and many others.
-40% BONUS DEPRECIATION IN YEAR ONE: Fee simple ownership of a Gas Station provides the landlord the opportunity to us the accelerated Bonus Depreciation Model (Consult with your CPA).
Broker of Record
Kyle Matthews
License No. 2022018843 (MO)