Kum & Go Portfolio

Arkansas, Iowa, Minnesota, Missouri

Pricing

Price: $18,319,784

Cap Rate: 6.33%

NOI: $1,160,175.64

Price Per SF: $588.21

Leasable Area: 31,145+ SF

Average Term Remaining: 11 Years

Year Built: 2005-2016

Occupancy: 100%

Lot Size: 19.11 Acres

Status: Available

Highlights

  • Strong Tenant - 430+ Unit operator, the 28th Largest Convenience Store Operator in the Nation, with 60 years in the business.

  • Long Term Leases - The seven properties average 11+ years remaining on the initial lease term. All properties have four, 5-year renewal options following the initial term. 

  • Rental Increases - All properties in the portfolio have rental increases during the base term of ranging from 1.5% annually to 10% every ten years.

  • Portfolio Diversity - The properties are located in four different states: Arkansas, Iowa, Minnesota, & Missouri.

  • Excellent Locations & Demographics - All properties are located by major interstate highway off/on ramps, or in densely populated areas.

  • Zero Landlord Responsibility - All locations are on Absolute Triple Net Leases. There are Zero Management responsibilities, perfect for buyers looking for a “hands-off” investment.

BROKERS OF RECORD: Bang Realty-Arkansas, Inc RE# PB00082359; Bang Realty, Inc RE # B67571000 (Iowa), RE # 40628603 (Minnesota); Bang Realty-Missouri, Inc RE# 2017032771

CONTACT US

We'd Love to Hear From You!

Main Office

9891 Irvine Center Drive

Suite 200

Irvine, CA 92618

Tel: 800-948-1250

Fax: 717-797-0004

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© 2018 Prime Net Lease | All Rights Reserved | NNN Investment Advisors in Irvine, California

Branch Office

41995 Boardwalk

Suite L1

Palm Desert, CA 92211

Tel: 800-948-1250

Fax: 717-797-0004

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