Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    201 E Us Highway 24 Independence, MO 64050

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $730,857

    New 10-year NNN lease with rental increases.

    Property size:
    2,530 SF
    Lot size:
    0.42 Acres

    Property Features for 201 E Us Highway 24

    General Information

    Size
    2,530 SF
    Lot size
    0.42 Acres

    Source: Real Capital Investments 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.
    Insight Report Location Intelligence

    Current Use by Public Records

    Citibank Atm 7-Eleven Convenience Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    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

    • $1,200,000
      6.78 Acres

      Independence Special Purpose Property For Sale

      6.78+/- acre property in active retail district.
      17200 E 39Th St, Independence, MO 64055
      View Details
    • $189,900
      Pending

      Updated Duplex: Investment Opportunity

      Updated duplex with rental income potential in Independence, Missouri.
      1528 S Cedar Ave, Independence, MO 64052
      View Details
    • $239,500
      0.17 Acres

      Independence Office Building For Sale

      2,680 SF office building with high visibility and ample parking.
      129 W 23Rd St, Independence, MO 64055
      View Details
    • $1,425,000
      0.30 Acres

      Downtown Independence Commercial Building For Sale

      Well-maintained commercial building in Downtown Independence suitable for various uses.
      120 S Liberty St, Independence, MO 64050
      View Details
    • $335,000
      0.31 Acres

      Independence Triplex: Investment or Owner-Occupancy

      Fully leased triplex in Independence, MO with strong rental income.
      1316 N Main St, Independence, MO 64050
      View Details
    • $475,000
      0.37 Acres

      Independence Industrial Lot with Shop

      Fenced 0.37 acre lot with mechanic's shop and office.
      10058 E Wilson Rd, Independence, MO 64053
      View Details

    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**.
    (918) 208-1565
    Request Owner's contact information
    201 E Us Highway 24 Independence, MO 64050
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 E Us Highway 24
    Independence, MO 64050
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 E Us Highway 24 Independence, MO 64050
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.