Phillips 66 Service Station and Convenience Store - 900 SE 15th St, Topeka, KS 66607, USA

Phillips 66 Service Station and Convenience Store

900 SE 15th St, Topeka, KS 66607, USA
$ 2,700,000.00
Status: Available

Details

Asking Price: $ 2,700,000.00

Marketing Description

Phillip 66 – Convenience Store

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USRealty Co, specializing in Absolute Triple Net(NNN) Lease opportunities

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Tenant Overview

  • Tenant: US C-Store Operations, LLC
  • Tenant Overview: The tenant is US C-Store Operations, LLC, formerly White Oak Station, which owns and operates over 75 convenience store locations in Arkansas, Missouri, Nebraska, Kansas, Florida, and Texas. US C-Store Operations, LLC is an affiliate of US Assets, Inc. of Dallas, Texas. US C-Store Operations, LLC will enter into a brand new 20-year Absolute Triple Net Lease with Zero Landlord Responsibilities at closing. 1st Year NOI / Rent: $ 175,500 1st Year Rent per SF: $ 15.14 Annual Rent Increases: 1.75 % per year Taxes: Tenant Responsibility Insurance: Tenant Responsibility Maintenance: Tenant Responsibility

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