Built in 2025, a 5,200 square foot free-standing Circle K convenience store (open 24 Hrs. with beer & wine License) with gas station (7 MPD’s & 14 Fueling Positions) situated on 1.60 acres. Circle K’s 20-year lease expires in September of 2043, leaving approximately 18.75 years remaining on the initial lease term.
Absolute NNN Ground Lease - Zero landlord responsibilities for operating or capital expenses
Corporate Backed Long-Term Lease – Circle K Stores, Inc., signed a new 20-year lease in 2023 leaving approximately 18.75 years remaining on the lease term
Attractive Rent Increases – Lease features 5% rent increases every 5 years in the remaining primary term and options, providing a hedge against inflation
Investment Grade Credit – Circle K is rated “BBB” investment grade by Standard & Poor’s
Large Format Circle K – (open 24 Hrs) with Beer & Wine License - 1.60-acre site with 14 fueling stations and 20 parking stalls
Circle K is the Largest Chain of Company-Owned Convenience Stores in the United States – over 7,230+ stores (14,800 Stores Worldwide) in 48 U.S. states with annual revenues for Alimentation Couche-Tard exceeding 69.3 Billion in 2024