Marcus & Millichap Facilitates $6.6M Sale Of Kum & Go Gas Station In Springfield

The transaction involved the sale of a retail asset, specifically a Kum & Go-occupied gas station located at 2963 East Division Street in Springfield, MO. The sale price was $6,600,000, and the asset has a lease with 15 years remaining. The transaction was completed within a timeframe of under 45 days.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,600,000
• Address: 2963 East Division Street
• Market: Springfield, MO
• Asset Occupancy: Kum & Go
• Remaining Lease Term: 15 years
• Closing Timeframe: Under 45 days

Timothy Nichols, Sean Sharko, and Austin Weisenbeck of Marcus & Millichap represented both the seller and buyer in this transaction, facilitating the sale process efficiently.