2805 Truman Blvd Jefferson City, MO 65109

Exceptional investment opportunity: a 50,026 square foot Gerbes Grocery Store (a Kroger brand) in Jefferson City, Missouri. This absolute NNN net lease property boasts a 6.7% cap rate and a strong 9.4-year remaining lease term, expiring March 31, 2034. The property, situated on a 5.17-acre lot, includes two one-story buildings, 201 parking spaces, and 8 gas pumps. Extensive renovations completed in 2024, including a new fuel center and interior/exterior improvements, were entirely at the tenant's expense. The property features a corporate guarantee from Kroger, the largest grocery operator in the US, ensuring consistent income. The asking price is $4,500,000, representing a significant discount below replacement cost. The property's C-2 zoning and prime location in Cole County, at 2805 W Truman Blvd, Jefferson City, MO 65109, contribute to its strong investment potential. The lease commenced April 1, 1971, and features a rent-to-sales ratio of less than 1%. This passive investment opportunity offers significant long-term value and minimal landlord responsibilities. The property's NOI is $299,665. The lease includes options for a 4-5 year extension.