Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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