Bellagio Real Estate Partners, in conjunction with Sims Commercial Real Estate Inc,
is pleased to present an exceptional investment opportunity to acquire a large
format Circle K, featuring an absolute NNN lease. This property sits in Soddy-Daisy,
TN, just 15 miles north of Chattanooga, strategically located along Highway 27,
a high-traffic corridor with over 35,000 vehicles passing daily. This location has
operated successfully since 2003 offering 12 gas pumps, a car wash, and a wellmaintained
convenience store. Situated on a 1.32-acre lot, the 4,389 square foot
buildings, with the car wash being 864 square feet, benefit from proximity to a
strong mix of national and regional retailers, including McDonald’s, Walmart, Tractor
Supply Co, and Subway, among others, ensuring consistent customer draw. The
lease includes sales reporting, with Mac’s Convenience Stores LLC demonstrating
strong sales performance. Investors will appreciate a corporate tenant and the
built-in 6.5% rent escalations at each of the five (5), five-year renewal options,
ensuring steady income growth. Classified as a service station, this investment
type qualifies for bonus depreciation of 40% through cost segregation, potentially
providing investors nearly $1,000,000 in 2025 depreciation expense. This property’s
combination of a highly accessible location, established tenancy, and zero landlord
responsibilities make it a low-risk investment opportunity with strong cash flow.