201 E Us Highway 24 Independence, MO 64050
New 10-year NNN lease with rental increases.
Property size:
2,530 SFLot size:
0.42 AcresProperty Features for 201 E Us Highway 24
General Information
- Size
- 2,530 SF
- Lot size
- 0.42 Acres
Source:
Moodyscre
Listing Agent: Dylan O Hara
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
New 7-Eleven NNN Lease
This property features a brand-new 10-year absolute NNN lease, offering stable cash flow with zero landlord responsibilities. The lease is corporately guaranteed by 7-Eleven Inc., which holds an S&P credit rating of AA- and reported over $87.6 billion in revenue in 2023. The property includes two 5-year options to renew. A rare 23% rental increase is scheduled for year 6, followed by 10% rental increases every 5 years throughout the remaining option periods, providing a strong hedge against inflation. The property size is 2530 square feet and is located in Independence, MO.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Citibank
Atm
7-Eleven
Convenience Store
Similar Places Nearby
Cosentino's Sun Fresh, Save A Lot
Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Jackson
- State
- Missouri
- Longitude
- -94.412483
- Latitude
- 39.100927
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - New 10-year NNN lease with rental increases.
Where is this grocery and convenience store located?
The property is located at 201 E Us Highway 24 Independence, MO.
What is the asking price?
The asking price for this property is $730,857.
What are key features of this property?
This property features: - Corporately guaranteed lease by 7-Eleven Inc. with an S&P Credit Rating of AA-.; - Brand-new 10-year absolute NNN lease with zero landlord responsibilities.; - Rare **23% rental increase in year 6**.