14450 Us Highway 40 Kansas City, MO 64136

Property Details for 14450 Us Highway 40

Year built

2000

Construction

WOOD

Lot size

0.61 lot acres

Property size

1,451 SF

Property type

Auto shops

APN

33-510-14-51

APU

335101451

Description

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.