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Lease Guarantor

PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 65 Updated: 07.29.25 Posted: 07.29.25 Status: Active     07.29.25

Summary

Price $3,125,000
Built/Renov 2000
Tenant Circle K
Cap Rate 5.60%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 4,047
Lease Start 09-01-2005
#Units 16,700
Price/SF $772.18
Expiration 08-31-2035
Tenant Type Convenience/Gas
NOI $175,000
R. Term 9.11
Ownership Fee Simple
Rent/SF $43.24
Increases 0.0%/0/yrs
Pop 5Mi 82,000
Lot/AC 1.51
Options 2/5yrs/7.5%
AHHI 5Mi $143,341

Highlights

  • 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

Location Description

Circle K is strategically located at the signalized hard-corner intersection of Furys Ferry Road and Mullikin Road, with combined traffic counts of approximately 17,600 vehicles per day, in Evans, Georgia, part of the Augusta Metropolitan Statistical Area. The property is just 2 miles from Evans Towne Center, the city’s primary shopping hub anchored by Target, Publix, Walmart, and Home Depot....

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

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....


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Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 4,640 36,549 88,295
2025 Total Population : 4,320 33,899 83,288
2025 Employed Civilian Pop : 1,917 15,440 38,063
2025 Total Businesses : 51 1,067 2,916
2025 Average Household Income : $ 168,136 $ 151,090 $ 139,774
2025 Total Consumer Spending : $ 225 M $ 1540 M $ 3574 M
2025 Median Age : 41 41 41
2025 Total Households : 1,582 12,066 30,046
2025 Pop Age 25+: Bachelor's Degree : 995 6,773 15,051
2025 Average Home Value : $ 446,740 $ 407,825 $ 383,521
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Mullikin Rd Furys Ferry Rd 2005 3,930 0.09 mi
Furys Ferry Road Anderson Cir 2019 14,500 0.23 mi
Anderson Circle Furys Ferry Rd 2019 150 0.50 mi
Mullikin Road Hamilton Xing 2019 2,590 0.78 mi
Hardy McManus Rd Woodruff Way 2008 6,300 1.20 mi
North Belair Road Pierwood Way 2019 15,300 1.35 mi
Oakton Trail Oakton Ct 2019 1,160 1.51 mi
Industrial Park Drive N Belair Rd 2019 5,680 1.56 mi
Sparkleberry Road Tea Olive Dr 2019 640 1.78 mi
Belair Rd Ronald Reagan Dr 2005 10,880 1.79 mi

Listing Broker

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