Circle K NNN Property For Sale — Umatilla, OR
1800 6th Street, Umatilla, OR unknown
This offering presents an exclusive opportunity to acquire a high-volume Circle K fuel and convenience center, including a Subway, strategically located at a critical regional transportation hub for Washington, Oregon, Idaho, and Montana. The investment features an Absolute Triple-Net (NNN) lease with zero landlord responsibilities and a 16-year guaranteed base term. The lease is secured by dual corporate guarantees from Circle K Corporation, a global leader in convenience retail, and Evergreen Energy LLC, a reputable regional fuel operator. The property is positioned directly opposite Oregon's Port of Entry and weigh station, ensuring a consistent influx of commercial truck traffic and high fuel demand. The interchange experiences over 12,000 vehicles per day, including significant comme…
- Address: 1800 6th Street, Umatilla, OR unknown
- Asking price $3.24M
- 5.00% cap rate
- NOI $162,000
- 16 years remaining
- NNN lease
- Year built: 1985
- Building size: 4,255 SF
- Lot size: 1.94 acres
- Lease expiration: Sep 20, 2041
- Rent increases: 10% every five years
- Guarantor: Corporate
Location
This Circle K property is at 1800 6th Street in Umatilla, Oregon.
Asset type: Convenience Store / Fuel Center