Kum & Go, established in 1959 in Hampton, Iowa, has evolved into a prominent convenience store chain, renowned for its extensive network of over 400 stores across 11 states. The family-owned business, founded by W.A. Krause and T.S. Gentle, has a rich history of growth and innovation, distinguishing itself in the competitive convenience retail market.
Central to Kum & Go's offerings are a wide variety of food and beverage options, including high-quality, fresh food and specialty drinks. Their commitment to providing a diverse and evolving product range caters to the dynamic needs of modern consumers. This approach, coupled with a focus on customer service, has been pivotal in cultivating customer loyalty and differentiating Kum & Go from other convenience store chains.
Kum & Go places a strong emphasis on sustainability and community involvement, integrating eco-friendly practices and materials in its operations. The company's commitment to corporate social responsibility is reflected in its store designs, energy-efficient practices, and community engagement initiatives, aligning with the values of an environmentally conscious customer base.
The company's expansion strategy is marked by steady growth, recently including entry into new states. This ongoing expansion underscores Kum & Go's ambition to broaden its market presence and reach new customers, while maintaining the quality and service that define its brand.
Financially, Kum & Go demonstrates stability and resilience, factors crucial for potential investors and landlords in the commercial real estate sector. The company's strong financial health, combined with its commitment to innovation, sustainability, and community involvement, make it an attractive and reliable tenant with promising growth prospects.
Average Asking Cap Rate
5.60%
3 mo avg (139 properties)
Typical Investment/Lease
Average Sale Price
$5,718,763
Rent
$305,637
$/Square Foot
$940 - $1,400
Building SF
4,580 - 5,300
Approx. Store Count
433
Lease Term
15 Years
Escalations
7.50% Every 5 Years
Stock Symbol
NA
Credit Quality
S&P:
Unrated
Average Asking Cap Rate Trend
4.87%
2022
5.45%
2023
Reflect only properties with long-term lease.
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