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Virtual Drive-By

QuikTrip Absolute NNN

5108 Northeast Vivion Road · KCMO, MO 64119 · Convenience / Fuel

Asking price
$6,956,000
Cap rate
6.00%
NOI
$417,396

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Lease

Lease typeAbsolute NNN
Term remaining
Expiration
Rent bumps$1.20 PSF every 5 years in the Primary & 1st Renewal. Then, $2.14 PSF every 5 years thereafter
Options
Ground leaseNo
Credit profile
TenancySingle

Planning a 1031 Exchange

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Property

Building SF5,931
Price / SF$70
Year built2014
Lot size2.95 ac
TypeGas Station
Days on market72

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​8.1 Yr Absolute Net Lease with Zero Landlord Expense Responsibilities
  • ​Fee Simple - Tax Advantages with Accelerated / Bonus Depreciation (Check with your CPA)
  • ​Strong Credit Tenancy with 1,085+ Locations
  • ​Top 7 Largest Player in C-Store Industry
  • ​1-Mile from Antioch Crossing Shopping Center Featuring Nationally Recognized Tenants (Walmart, Burlington, SBUX)
  • ​Recent 10-Year Lease Extension with 34+ Years of Successful Occupancy
  • ​Initially Constructed for QuikTrip in 1991 and Completely Rebuilt to QT's New Store Format in 2014
  • ​Growing Cash Flow with Attractive Rent Increases of Every Five-Years
  • ​Infill Location with 16.2 MSF of Retail with a 3-Mile Radius with a 97.1% Occupancy Rate
  • ​62,000+ VPD and Located Just Off 1-35 with Visible Interstate Signage

Property overview

Jones Lang LaSalleAmericas, Inc.​(“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a single-tenant QuikTrip gas & convenience store located at 5108 NE Vivion Road, Kansas City, MO (“Property” or “Asset”).​ The Asset features a corporate guaranty from QuikTrip Corporation, one of the world’s largest convenience store operators with 1,085+ locations and boasts $11+ billion in annual revenue.​

In June 2024, QuikTrip affirmed its long-term commitment to the Property by executing a new 10-year lease extension.​ The lease features over 8 years of lease term remaining, contractual rent escalations every five years, zero landlord expense responsibilities, and six, five-year renewal options.​

The Property is unique such that it was initially purpose-built for the Tenant in 1991.​ Then, in 2014, QuikTrip selected the Property to be fully upgraded by demolishing the prior improvements and rebuilding to its new store design, known as a “Generation 3” store.​ QT’s “Gen 3” concept was a strategic initiative for an upscale customer experience by enlarging the store footprint, upgrading the exterior façade to appear restaurant-like and enhancing its full-service kitchen to offer QT’s expanded products in fresh, made-to-order food and drink.​

Located 8.5 miles northeast of downtown Kansas City, the Property is positioned within a large 2.95-acre site at a prominent signalized intersection directly off Interstate 35 (60,000 VPD) with access to over 132,900 residents in a five-mile radius.​ The area’s growth has been strong with 10.9% population growth since 2014.​

The Property’s retail corridor performs exceptionally well with 2.9% vacancy and 22.0% rent growth since 2020.​ Within a 3-mile radius of the asset there is 16.2M SF of retail space.​ Notably, less than 1-mile west of the Asset is the Anitoch Crossing Shopping Center.​ The Center is home to nationally recognized retailers such as Walmart, Burlington, Walgreens, Starbucks, Verizon and more.​

This opportunity allows investors the unique ability to acquire an essential retail asset located in an infill and fundamentally strong Kansas City market, offering secure, committed cash flow backed by a market leading tenant with brand name recognition.​

Local Broker: Jim Gates, jim.​gates@jll.​com

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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.