11118 Memorial Dr Union, MO 63084

This exceptional investment opportunity presents a 14,490-square-foot convenience store located at 11118 S Memorial Drive, Union, Missouri, 63084. The property boasts a strong 6.95% cap rate and is offered at $4,589,928, translating to $344.29 per square foot. Built in 2003, this single-tenant, net-leased (NNN) property sits on a 1.7-acre lot in a commercially zoned (CS, Commercial District) area. The building enjoys 100% occupancy with a lease term of 53 years and 3 months remaining (with several options for early cancellation, terms to be verified). The convenient location includes a drive-through lane and a signalized hard corner, maximizing visibility and accessibility. Ample parking is provided with 79 spaces, a ratio of 5.45 spaces per 1,000 square feet. This is a prime opportunity for investors seeking a stable, high-return retail investment in a desirable location. The property's strong tenant, location, and lease terms make it an attractive addition to any portfolio. Further details regarding lease terms are available upon request.