Description

This offering features a corporate QuikTrip gas station and convenience store ground lease structured as an absolute NNN investment, providing minimal landlord responsibilities. QuikTrip has operated at the site for several decades and completed a significant renovation, expansion, and lease extension in 2015, underscoring its long-term commitment. Situated on a 2.41-acre parcel at a premier signalized, hard-corner intersection, the property represents a strong land play with below-market rent. The site benefits from excellent visibility and access, with dual ingress and egress points from both Mexico Road and Muegge Road, and is positioned along a highly trafficked corridor just off Interstate 70, which sees approximately 123,000 cars per day, while the intersection itself experiences over 51,000 cars per day. QuikTrip is a nationally recognized convenience store and gasoline retailer with more than 1,100 locations across 20 states, consistently ranked among Fortune’s “Best Companies to Work For” for over 15 years and recognized as the #2 best convenience store in the U.S. by the American Customer Satisfaction Index in 2024. The property is further enhanced by its proximity to major national retailers, including Home Depot and Target, which draw over 2 million combined annual visits, as well as the nearby Cave Springs Crossings shopping center, anchored by T.J. Maxx and Harbor Freight Tools with approximately 1.5 million annual visits. Located in St. Charles County—the fastest-growing county in Missouri—the site is surrounded by an affluent and expanding population, with average household incomes exceeding $113,500 within a five-mile radius.