Description

This offering represents an exceptional single-tenant investment opportunity backed by a corporate guarantee from QuikTrip, a nationally recognized operator with more than 1,100 locations, approximately $19 billion in annual revenue, and a presence across 20 states. The property is fee simple, providing full ownership of both land and improvements, and may qualify for bonus depreciation (buyers should consult a tax professional). The lease structure includes attractive 10% rent increases every five years throughout the primary term and option periods. The site features a high-performing convenience store with 16 fueling lanes on an oversized 2.17-acre parcel and has benefited from over 12 years of successful operations at this location, ranking above average among QuikTrip stores nationwide per Placer.ai. Strategically located in a dense infill area of St. Louis, Missouri, the property serves a population of more than 246,000 residents and over 99,000 households within a five-mile radius, with strong visibility along Florissant Avenue, which sees more than 34,000 vehicles per day, and close proximity to Interstate 270 with traffic exceeding 134,000 vehicles daily. Positioned within a dominant retail corridor adjacent to major national retailers, the location is further supported by strong consumer spending patterns, with transportation fuel and maintenance representing the second-highest expenditure category within one mile. The asset is also conveniently located just 14 minutes from downtown St. Louis, enhancing its accessibility and long-term viability.