- For Sale $2,232,000
- Property Type Retail
- Property Size 3,520 SF
- Lot Size 1.28 Acre
- Cap Rate % 5.75
- NOI / YR $128,326.00
- Year Built 1994
- Date Updated Jan 26, 2026
- Visibility/Traffic Count (VPD) 21,000
Description
OFFERING SUMMARY
Price: $2,232,000
Current Net Operating Income (NOI): $128,326
Current Capitalization Rate: 5.75%
Jan. 2030 Net Operating Income (NOI): $134,743
Jan. 2030 Capitalization Rate: 6.04%
Net Rentable Area: 3,520
Year Built: 1994
Lot Size (Acres): 1.28
LEASE TERMS (1)
Tenant: QuikTrip Corporation
Rent Commencement: 1/1/1995
Lease Expiration: 12/31/2029
Lease Type: Absolute NNN
Roof & Structure: Tenant Responsibility
Monthly Rent: $10,694
Annual Rent: $128,326
Rental Increases: None
Renewal Options: One 5-Year @ 5% Increase
Right of First Refusal: 30 Days
Corporate QuikTrip Gas Station and C-Store Absolute NNN Lease:
– 35-year operating history at the property with 4 years remaining
– QuikTrip is one of the nation’s leading convenience and gasoline retailers with over 1,100 convenience
stores in 20 states
– Ranked as one of the “Best Companies To Work For” for 15+ years (Fortune)
– #2 “Best Convenience Stores in the U.S.” – American Consumer Satisfaction Index (2024)
– #9 “Largest Convenience Store Retailers” – CSP (2025)
y Across from Gateway Regional Medical Center (343-Beds, 705 Employees), One of the Largest
Employers in the Area
False
Contacts
NAI DESCO
Location
NAI DESCO
