Circle K NNN Property For Sale — Post Falls, ID · 6,656 SF
Post Falls, ID 83854
Absolute NNN Ground Lease property leased to Circle K Stores Inc. in Post Falls, Idaho. Constructed in 2024, this 6,656 SF retail pad sits on a prominent 1.91-acre parcel within The Pointe at Post Falls, adjacent to a high-performing Walmart Supercenter generating over 2.2 million annual visits. Positioned at the Idaho/Washington state line interchange off I-90 Exit 1 (58,000+ VPD), the site serves as the last fuel stop before entering Washington State, capturing significant cross-border customer traffic due to Idaho's favorable gas prices. The lease features a 15-year primary term with corporate guaranty, 10% rent escalations every five years, zero landlord responsibilities, and four 5-year extension options.
- Address: Post Falls, ID 83854
- Asking price $3.02M
- 5.00% cap rate
- NOI $150,900
- 12.2 years remaining
- NNN lease
- Year built: 2024
- Building size: 6,656 SF
- Lot size: 1.91 acres
- Lease expiration: Jan 31, 2039
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Circle K property is in Post Falls, Idaho.
Asset type: Convenience Store / Gas Station