Circle K NNN Properties for Sale
16 live Circle K listings as of October 7, 2026.
Circle K cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| Under 5.00% | 2 | $3.58M |
| 5.00% – 5.99% | 7 | $3.17M |
| 6.00% – 6.99% | 4 | $3.54M |
| 7.00% – 7.99% | 1 | $2.14M |
| 8.00% and above | 2 | $750,000 |
Circle K listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Alabama | 2 | 8.00% |
| Arizona | 2 | 5.63% |
| Arkansas | 2 | 6.21% |
| California | 1 | 4.29% |
| Georgia | 1 | 6.35% |
| Illinois | 1 | 6.00% |
| Missouri | 1 | 5.00% |
| Nevada | 1 | 4.65% |
| North Carolina | 1 | 7.00% |
| Oregon | 1 | 5.00% |
| Tennessee | 1 | 5.30% |
Circle K remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 4 | 6.38% |
| 5 – 9.9 years | 3 | 6.33% |
| 10 – 14.9 years | 2 | 5.85% |
| 15+ years | 7 | 5.40% |
Buying Circle K in a 1031 exchange
In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.
9 of the 16 live Circle K listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
Circle K due-diligence checklist
- Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
- Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
- Order tenant estoppel and SNDA documents before closing.
- Review the title commitment, survey and zoning report for the parcel.
- Commission a Phase I environmental site assessment.
- Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
- Verify property tax, insurance and CAM reimbursements against the lease.
- Review store-level sales or rent-to-sales data if the tenant reports it.
Circle K net lease FAQ
How many Circle K net lease properties are for sale?
Net Lease World shows 16 live Circle K listings as of October 7, 2026.
What cap rates are Circle K properties listed at?
Live Circle K listings with a published cap rate range from 4.29% to 8.00%, with a median of 5.55% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Circle K property?
The median asking price across live Circle K listings with a published price is $2.97M (as of October 7, 2026).
Which states have the most Circle K listings?
Alabama (2), Arizona (2), Arkansas (2). Listings appear in 11 states in total (as of October 7, 2026).
How much lease term is left on Circle K listings?
The median remaining primary lease term is 12.4 years; 9 listings have 10 or more years remaining (as of October 7, 2026).
Live Circle K listings
- Circle K — Dardenne Prairie, MO · Asking $3.48M · 5.00% cap rate
- Circle K — Decherd, TN · Asking $3.75M · 5.30% cap rate
- Circle K — Fort Smith, AR · Asking $4.82M · 5.71% cap rate
- Circle K — Las Vegas, NV · Asking $4.47M · 4.65% cap rate
- Circle K — Decatur MSA, Alabama · Asking $750,000 · 8.00% cap rate
- Circle K — Decatur MSA, AL · Asking $750,000 · 8.00% cap rate
- Circle K · Asking $4.00M · 5.40% cap rate
- Circle K — Little Rock, AR · Asking $4.40M · 6.70% cap rate
- Circle K — Fayetteville, NC · Asking $2.14M · 7.00% cap rate
- Circle K — Phoenix, AZ · Asking $2.44M · 6.00% cap rate
- Circle K — Avondale, AZ · Asking $875,000 · 5.25% cap rate
- Circle K — Umatilla, OR · Asking $3.24M · 5.00% cap rate
- Circle K — Newton, IL · Asking $2.30M · 6.00% cap rate
- Circle K — Fullerton, CA · Asking $2.70M · 4.29% cap rate
- Circle K — unknown, unknown · Asking $2.00M · 5.40% cap rate
- Circle K — Commerce, GA · Asking $5.04M · 6.35% cap rate