14450 Us Highway 40Kansas City, MO 64136

For Sale
$1,740,000
Kansas City, MO Auto Shop - Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a 2,042 square foot, free-standing Valvoline Quick Lube located in Kansas City, Missouri. The property, built in 2000 and situated on a 26,511 square foot lot, enjoys a prime location on East US Highway 40, near the Truman Sports Complex and the Independence, MO city limits. The building is zoned C2P and features a single tenant, Valvoline, under a Net Lease (NNN) agreement with a corporate guarantee. The current lease, commenced October 16, 2020, has a remaining term of 10.9 years, expiring October 15, 2035, with three five-year renewal options. Rent increases are built in, with a significant increase scheduled for October 2025. The property boasts a strong Net Operating Income (NOI) of $95,700, resulting in a 5.50% cap rate and a price per square foot of $852.11. The asking price is $1,740,000. This is a rare opportunity to acquire a well-located, stable, and highly profitable net-leased investment property with a nationally recognized tenant. The property's strong operating history since 2000, combined with its strategic location and favorable lease terms, makes it an attractive investment for discerning buyers. The property's location near major roadways and popular landmarks ensures high visibility and accessibility. This is a turnkey investment with minimal management requirements.

Highlights

  • 2,042 SF free-standing Valvoline Quick Lube in Kansas City, MO.
  • Located on East US Highway 40 near the Truman Sports Complex.
  • Built in 2000, on a 26,511 SF lot, C2P zoning.
  • Net lease (NNN) with corporate guarantee; 10.9 years remaining, expiring October 15, 2035, with three 5-year renewal options.
  • $1,740,000 asking price; $852.11/SF; 5.50% cap rate; $95,700 NOI.

Property Details for 14450 Us Highway 40

Property type
Retail properties, Auto shops
Square Feet
2,042 SF
Year Built
2000
Buildings
1
Stories
1
Units
1

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
39.0357191
Longitude
-94.4090385
14450 Us Highway 40, Kansas City, Missouri

FAQs

What type of property is this?
Retail property - Kansas City, MO Auto Shop - Strong NOI
Where is the retail property located?
The property is located at 14450 Us Highway 40 Kansas City, MO.
What is the asking price?
The asking price for this property is $1,740,000.
What are key features of this property?
This property features: 2,042 SF free-standing Valvoline Quick Lube in Kansas City, MO.; Located on East US Highway 40 near the Truman Sports Complex.; Built in 2000, on a 26,511 SF lot, C2P zoning.
How can I contact the broker?
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14450 Us Highway 40
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