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$ 3,125,000

Circle K

Convenience/Gas  

Cap Rate 5.60% | SF 4,047 | Term 9.8
Evans, GA 30809
  • Signalized intersection

  • Recent renovation

  • High traffic 50M+ VPD

  • Strong tenant synergy

  • Top 100 MSA

  • Population increase trend

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • Subsidiary guarantee

  • ...
  • Brand-new 10-year lease extension
  • The tenant has four (4) five-year and two (2) ten-year renewal options
  • Lease features 7.5% rent increases every 5 years and fair market value adjustments in the last two options
  • Absolute NNN lease with zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded in 1951, Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service.  The chain currently has over 6630 stores in the U.S. across 47 states, with additional locations in more than 24 countries and territories. They also operate a network of more than 2,500 car wash locations. Circle K Stores was acquired by the Canadian multinational company Couche-Tard in 2003. The company is headquartered in Tempe, AZ.

 

Alimentation Couche-Tard, or simply Couche-Tard (TSE: ATD) is a Canadian multinational operator of convenience stores. The company is the 3rd largest convenience store operator in the world and has approximately 16,700 stores across 29 countries and territories, and approximately 150,000 employees. The Couche-Tard company umbrella mostly operates through three brands: Touche-Tard its flagship brand, as well as Circle K and Indigo, a network of automated fuel sites in Sweden and Denmark. In 2022, the company acquired True Blue Car Wash, LLC, an operator of 65 car wash sites (AZ, TX, IL, and IN) under Clean Freak and Rainstorm banners. The company has an investment grade S&P rating of BBB+ and a long-term Moody’s credit rating of Baa1. In 2023 they had a market cap of $56.79B and earned over $68.36B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

$ 2,435,000

Circle K

Convenience/Gas  

Cap Rate 5.75% | SF 2,988 | Term 6.4
Phoenix, AZ 85007
  • Signalized intersection

  • Hard corner intersection

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Limited competition

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Tenant has 7+ years remaining on the lease, with (6) five-year extension options.
  • Lease features 5% rent increases every 5 years 
  • Absolute NNN lease I zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded in 1951, Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service.  The chain currently has over 6630 stores in the U.S. across 47 states, with additional locations in more than 24 countries and territories. They also operate a network of more than 2,500 car wash locations. Circle K Stores was acquired by the Canadian multinational company Couche-Tard in 2003. The company is headquartered in Tempe, AZ.

 

Alimentation Couche-Tard, or simply Couche-Tard (TSE: ATD) is a Canadian multinational operator of convenience stores. The company is the 3rd largest convenience store operator in the world and has approximately 16,700 stores across 29 countries and territories, and approximately 150,000 employees. The Couche-Tard company umbrella mostly operates through three brands: Touche-Tard its flagship brand, as well as Circle K and Indigo, a network of automated fuel sites in Sweden and Denmark. In 2022, the company acquired True Blue Car Wash, LLC, an operator of 65 car wash sites (AZ, TX, IL, and IN) under Clean Freak and Rainstorm banners. The company has an investment grade S&P rating of BBB+ and a long-term Moody’s credit rating of Baa1. In 2023 they had a market cap of $56.79B and earned over $68.36B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

$ 3,700,000

Circle K

Convenience/Gas  

Cap Rate 5.00% | SF 5,000 | Term 14.12
Tucson, AZ 85712
  • New construction

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Dense 200M+ pop 5 mi

  • Population increase trend

  • Brand new lease

  • Limited competition

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Brand-New 15-Year Lease with Corporate Ground Lease
  • Lease Features 7.5% Rental Increases Every 5 Years | Eight (5-Year) Renewal Options
  • Absolute NNN | Zero Landlord Responsibility
  • Corporate Guarantee by Circle K Stores Inc. (S&P: BBB)

  • Tenant Circle K Stores Inc.
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded in 1951, Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service.  The chain currently has over 6630 stores in the U.S. across 47 states, with additional locations in more than 24 countries and territories. They also operate a network of more than 2,500 car wash locations. Circle K Stores was acquired by the Canadian multinational company Couche-Tard in 2003. The company is headquartered in Tempe, AZ.

 

Alimentation Couche-Tard, or simply Couche-Tard (TSE: ATD) is a Canadian multinational operator of convenience stores. The company is the 3rd largest convenience store operator in the world and has approximately 16,700 stores across 29 countries and territories, and approximately 150,000 employees. The Couche-Tard company umbrella mostly operates through three brands: Touche-Tard its flagship brand, as well as Circle K and Indigo, a network of automated fuel sites in Sweden and Denmark. In 2022, the company acquired True Blue Car Wash, LLC, an operator of 65 car wash sites (AZ, TX, IL, and IN) under Clean Freak and Rainstorm banners. The company has an investment grade S&P rating of BBB+ and a long-term Moody’s credit rating of Baa1. In 2023 they had a market cap of $56.79B and earned over $68.36B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

$ 4,589,000

Circle K

Convenience/Gas  

Cap Rate 6.00% | SF 3,600 | Term 17.8
Fort Smith, AR 72908
  • New construction

  • Signalized intersection

  • Near major nationals

  • Highway location

  • Affluent suburb location

  • Major MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Top franchise operator

  • ...
  • New 2023 construction
  • Circle K has 18+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and option periods

  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Gas Express, LLC (200 units backed)
  • Tenant Circle K
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded in 1951, Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. The chain currently has over 6630 stores in the U.S. across 47 states, with additional locations in more than 24 countries and territories. They also operate a network of more than 2,500 car wash locations. Circle K Stores was acquired by the Canadian multinational company Couche-Tard in 2003. The company is headquartered in Tempe, AZ.

Alimentation Couche-Tard, or simply Couche-Tard (TSE: ATD) is a Canadian multinational operator of convenience stores. The company is the 3rd largest convenience store operator in the world and has approximately 16,700 stores across 29 countries and territories, and approximately 150,000 employees. The Couche-Tard company umbrella mostly operates through three brands: Touche-Tard its flagship brand, as well as Circle K and Indigo, a network of automated fuel sites in Sweden and Denmark. In 2022, the company acquired True Blue Car Wash, LLC, an operator of 65 car wash sites (AZ, TX, IL, and IN) under Clean Freak and Rainstorm banners. The company has an investment grade S&P rating of BBB+ and a long-term Moody’s credit rating of Baa1. In 2023 they had a market cap of $56.79B and earned over $68.36B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

$ 4,532,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.75% | SF 5,200 | Term 13.11
Odessa, FL 33556
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • New development zone

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • ...
  • Brand new 2024 construction
  • New 15-year ground lease with 7 (5-year) options to extend
  • The lease features 5% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded in 1951, Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. The chain currently has over 6630 stores in the U.S. across 47 states, with additional locations in more than 24 countries and territories. They also operate a network of more than 2,500 car wash locations. Circle K Stores was acquired by the Canadian multinational company Couche-Tard in 2003. The company is headquartered in Tempe, AZ.

Alimentation Couche-Tard, or simply Couche-Tard (TSE: ATD) is a Canadian multinational operator of convenience stores. The company is the 3rd largest convenience store operator in the world and has approximately 16,700 stores across 29 countries and territories, and approximately 150,000 employees. The Couche-Tard company umbrella mostly operates through three brands: Touche-Tard its flagship brand, as well as Circle K and Indigo, a network of automated fuel sites in Sweden and Denmark. In 2022, the company acquired True Blue Car Wash, LLC, an operator of 65 car wash sites (AZ, TX, IL, and IN) under Clean Freak and Rainstorm banners. The company has an investment grade S&P rating of BBB+ and a long-term Moody’s credit rating of Baa1. In 2023 they had a market cap of $56.79B and earned over $68.36B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

$ 3,918,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.85% | SF 5,000 | Term 13.6
Apopka, FL 32712
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand-new 2024 construction
  • Circle K recently signed a brand-new 15-year ground lease with 5 (5-year) options to extend
  • The lease features 5% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded in 1951, Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service.  The chain currently has over 6630 stores in the U.S. across 47 states, with additional locations in more than 24 countries and territories. They also operate a network of more than 2,500 car wash locations. Circle K Stores was acquired by the Canadian multinational company Couche-Tard in 2003. The company is headquartered in Tempe, AZ.

 

Alimentation Couche-Tard, or simply Couche-Tard (TSE: ATD) is a Canadian multinational operator of convenience stores. The company is the 3rd largest convenience store operator in the world and has approximately 16,700 stores across 29 countries and territories, and approximately 150,000 employees. The Couche-Tard company umbrella mostly operates through three brands: Touche-Tard its flagship brand, as well as Circle K and Indigo, a network of automated fuel sites in Sweden and Denmark. In 2022, the company acquired True Blue Car Wash, LLC, an operator of 65 car wash sites (AZ, TX, IL, IN) under the banners of Clean Freak and Rainstorm. The company has an investment grade S&P rating of BBB+ and a long-term Moody’s credit rating of Baa1. In 2023 they had a market cap of $56.79B and earned over $68.36B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

$ 2,632,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.75% | SF 5,200 | Term 13.3
Jacksonville, FL 32210
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • Circle K recently executed a brand new 15-year ground lease with 5 (5-year) options to extend
  • The lease features 5% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

Circle K Stores, Inc. is an international chain of convenience stores, and the largest
independent convenience store operator in the U.S. in terms of the number of company-
operated stores. Founded in 1951, Circle K has become one of the most widely recognized
convenience store brands, known worldwide for quality products and great customer service.
The chain currently has over 6630 stores in the U.S. across 47 states, with additional locations
in more than 24 countries and territories. They also operate a network of more than 2,500 car
wash locations. Circle K Stores was acquired by the Canadian multinational company Couche-
Tard in 2003. The company is headquartered in Tempe, AZ.

Alimentation Couche-Tard, or simply Couche-Tard (TSE: ATD) is a Canadian multinational
operator of convenience stores. The company is the 3rd largest convenience store operator in
the world and has approximately 16,700 stores across 29 countries and territories, and
approximately 150,000 employees. The Couche-Tard company umbrella mostly operates
through three brands: Touche-Tard its flagship brand, as well as Circle K and Indigo, a network
of automated fuel sites in Sweden and Denmark. In 2022, the company acquired True Blue Car
Wash, LLC, an operator of 65 car wash sites (AZ, TX, IL, IN) under the banners of Clean Freak
and Rainstorm. The company has an investment grade S&P rating of BBB+ and a long-term
Moody’s credit rating of Baa1. In 2023 they had a market cap of $56.79B and earned over
$68.36B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

$ 2,050,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.74% | SF 5,200 | Term 12.9
Crestview, FL 32536
  • New construction

  • Signalized intersection

  • Highway location

  • Affluent suburb location

  • New development zone

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand-new construction with high-quality materials and distinct Circle K design elements
  • Brand-new 15-year lease with 8 (5-year) options to extend
  • Lease features 5% rental increases every 5 years and at the beginning of each option period
  • Absolute NNN ground lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Income tax free state
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded in 1951, Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service.  The chain currently has over 6630 stores in the U.S. across 47 states, with additional locations in more than 24 countries and territories. They also operate a network of more than 2,500 car wash locations. Circle K Stores was acquired by the Canadian multinational company Couche-Tard in 2003. The company is headquartered in Tempe, AZ.

 

Alimentation Couche-Tard, or simply Couche-Tard (TSE: ATD) is a Canadian multinational operator of convenience stores. The company is the 3rd largest convenience store operator in the world and has approximately 16,700 stores across 29 countries and territories, and approximately 150,000 employees. The Couche-Tard company umbrella mostly operates through three brands: Touche-Tard its flagship brand, as well as Circle K and Indigo, a network of automated fuel sites in Sweden and Denmark. In 2022, the company acquired True Blue Car Wash, LLC, an operator of 65 car wash sites (AZ, TX, IL, and IN) under Clean Freak and Rainstorm banners. The company has an investment grade S&P rating of BBB+ and a long-term Moody’s credit rating of Baa1. In 2023 they had a market cap of $56.79B and earned over $68.36B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

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