4214 Rainbow BlvdKansas City, KS 66103

This exceptional investment opportunity presents a fee-simple ownership of a 1,284 square foot Jiffy Lube located at 4214 Rainbow Blvd, Kansas City, KS 66103. The property sits on a 0.29-acre lot and boasts a 100% occupancy rate with a strong, corporate-guaranteed tenant, operating under an absolute triple-net (NNN) lease. The current lease, with a remaining term of 10 years (expiring 07/31/2034), includes rent bumps and three, 5-year lease options. The tenant, part of a 520+ unit operator, recently executed a 10-year extension, demonstrating significant commitment to the location. The asking price is $624,000, representing a price per square foot of $485.98 and a 6.00% cap rate, with a current Net Operating Income (NOI) of $37,449. This single-story building benefits from its proximity to the University of Kansas Medical Center, a significant employment and student population center. The property's classification as an auto service business may also qualify for accelerated depreciation schedules (consult a tax professional for details). This is a rare opportunity to acquire a well-positioned, recession-resistant asset with a long-term, national tenant at a below-average rent. The property's location within a densely populated area (approximately 110,000 people within a 3-mile radius) further enhances its investment appeal.