2159 Madison Ave

OFFERING SUMMARY

Price: $2,232,000

Current Net Operating Income (NOI): $128,326

Current Capitalization Rate: 5.75%

Jan. 2030 Net Operating Income (NOI): $134,743

Jan. 2030 Capitalization Rate: 6.04%

Net Rentable Area: 3,520

Year Built: 1994

Lot Size (Acres): 1.28

LEASE TERMS (1)

Tenant: QuikTrip Corporation

Rent Commencement: 1/1/1995

Lease Expiration: 12/31/2029

Lease Type: Absolute NNN

Roof & Structure: Tenant Responsibility

Monthly Rent: $10,694

Annual Rent: $128,326

Rental Increases: None

Renewal Options: One 5-Year @ 5% Increase

Right of First Refusal: 30 Days

Corporate QuikTrip Gas Station and C-Store Absolute NNN Lease:

– 35-year operating history at the property with 4 years remaining

– QuikTrip is one of the nation’s leading convenience and gasoline retailers with over 1,100 convenience

stores in 20 states

– Ranked as one of the “Best Companies To Work For” for 15+ years (Fortune)

– #2 “Best Convenience Stores in the U.S.” – American Consumer Satisfaction Index (2024)

– #9 “Largest Convenience Store Retailers” – CSP (2025)

y Across from Gateway Regional Medical Center (343-Beds, 705 Employees), One of the Largest

Employers in the Area