Circle K NNN Property For Sale
This Circle K property offers an attractive investment opportunity with a reliable income stream. Circle K, a global convenience store giant owned by Alimentation Couche-Tard, boasts a strong market presence and financial stability. The property features a long-term triple net lease, minimizing landlord responsibilities and providing predictable returns. Investors can benefit from scheduled rent escalations, enhancing the investment's long-term value. This offering is ideal for those seeking a stable, well-located asset with a strong corporate tenant.
- Asking price $4.00M
- 5.40% cap rate
- NOI $200,000
- 15 years remaining
- NNN lease
- Building size: 3,000 SF
- Lot size: 1.00 acres
- Rent increases: 5% every 5 years
- Guarantor: Corporate
Asset type: Convenience Store