NNN QuikTrip for Sale
In the world of commercial real estate, few opportunities offer the stability, performance, and passive income potential of QuikTrip NNN properties. These investment properties are highly sought after for their dependable cash flow, long-term lease terms, and minimal landlord responsibilities. As demand for triple net (NNN) lease assets continues to rise, especially in strong growth markets like Atlanta, St. Louis, and Kansas City, investors are turning their attention to QuikTrip as a compelling addition to their portfolios.
What Makes QuikTrip an Ideal NNN Tenant?
QuikTrip Corporation, founded in 1958, operates over 1,000 convenience stores across 17 states, making it one of the most recognizable brands in the c-store and gas station sector. With a history of strong financial performance, QuikTrip is a privately held, debt-free company that signs long-term, absolute NNN leases. This means investors benefit from zero landlord responsibilities, as the tenant covers all taxes, insurance, and maintenance.
These net lease properties typically feature lease terms of 15 to 20 years, with rental increases every five years and built-in renewal options. This predictable structure contributes to a stable net operating income (NOI) and increases the property’s value over time.
Strategic Location and Real Estate Fundamentals
QuikTrip stores are almost always located at signalized intersections, often on hard corner parcels with excellent visibility and high VPD (vehicles per day) counts. These are not just any retail properties; they are often anchor tenants in major retail corridors or freestanding in high-traffic corridors near shopping centers.
Lot size generally ranges from 1.5 to 2 acres, and building size varies between 4,500 and 5,500 square feet, with some newer prototypes pushing up to 8,000. The year built for many sites is post-2010, aligning with modern buildouts and more efficient layouts.
These properties are often located in desirable MSAs (metropolitan statistical areas), particularly across Texas, Georgia, and the Midwest. Kansas City, QuikTrip’s headquarters, and St. Louis are two of the most active metros, with numerous corporate-backed leases currently available on the market.
Cap Rate and Market Positioning
The cap rate for QuikTrip NNN deals generally falls between 5.5% and 6.0%, depending on lease structure, location, and demographics such as average household income and population growth. This range is competitive, particularly considering the creditworthiness and bond-like reliability of the tenant.
Investors targeting high-growth markets or recently constructed sites with brand new leases may experience slight cap rate compression but gain additional appreciation potential and stronger NOI growth. Lease types can vary slightly (e.g., fee simple vs. NNN ground lease), but QuikTrip typically offers an absolute NNN format that favors passive investors.
Why QuikTrip Properties Appeal to 1031 Exchange Buyers
For those coming out of a commercial real estate sale, QuikTrip properties offer a powerful vehicle for reinvestment through a 1031 exchange. With predictable lease terms, solid investment highlights, and no operational burden, investors can seamlessly defer taxes while upgrading into high-performing, low-risk retail space.
These single-tenant assets are ideal for retirement planning, wealth preservation, and even estate transfers. QuikTrip’s reputation and operational consistency significantly reduce the uncertainty associated with tenant rollover or re-leasing risk.
Sample Investment Scenario
Imagine acquiring a QuikTrip NNN property in Kansas City, situated on a hard corner along a major retail corridor. The store is brand new, built in 2022, with a 20-year absolute NNN lease, starting rent of $250,000 per year, and 10% rental increases every five years. Located in an MSA with 100,000+ residents and an average household income over $75,000, the location draws consistent daily traffic exceeding 25,000 vehicles per day (VPD).
The building size is 5,300 square feet on a 1.8-acre lot size, near a popular shopping center and surrounded by dense rooftops. With no landlord responsibilities, an investor could enjoy annual NOI of $250,000 and a 5.75% cap rate, with strong appreciation potential as lease escalations increase property value.
Types of QuikTrip NNN Deals
You may find various property types for sale, including:
- Fee Simple: Full ownership of the land and improvements.
- NNN Ground Lease: Tenant owns the building, and landlord owns the land.
- Single-Tenant Net Lease: Net lease with only QuikTrip as the occupant.
The distinction in lease type and lease term may influence cap rate and pricing. In all cases, investors should analyze the lease document, confirm escalation schedules, and assess local demographics to align with their investment goals.
Conclusion
If you’re seeking a recession-resistant, commercial real estate asset with a track record of operational excellence, look no further than QuikTrip NNN properties for sale. Their premium location selection, exceptional tenant credit, and structured leases with rental increases make them a reliable cornerstone in any income-focused portfolio.
Whether you’re investing in Texas, Georgia, or the Midwest, focusing on MSAs with strong fundamentals ensures long-term security and attractive returns. When comparing retail property investments, few options offer the same balance of safety and yield as a QuikTrip NNN deal.
As always, it’s essential to work with a specialist in net lease acquisitions who understands the nuances of QuikTrip Corporation’s site selection, financials, and market demand. With careful underwriting and a solid location, your next investment property might just be a QuikTrip.
Interested in learning more or seeing a live list of available QuikTrip NNN properties for sale? Let us connect you with exclusive listings and data-backed underwriting.
Questions about NNN Properties for Sale?
Predictable, long-term income
Minimal landlord responsibilities
A globally recognized tenant with strong demand
Alignment with 1031 exchange strategies
These assets combine brand strength, real estate quality, and lease durability.