Kum & Go Portfolio
Arkansas, Iowa, Minnesota, Missouri
Cap Rate: 6.33%
Price Per SF: $588.21
Leasable Area: 31,145+ SF
Average Term Remaining: 11 Years
Year Built: 2005-2016
Lot Size: 19.11 Acres
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.