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| Price $2,507,700 $2,507,600 | Built/Renov 1997 | Tenant Circle K |
| Cap Rate 6.10% 6.10% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
3,362
| Lease Start
12-20-2007
| #Units
15,000
|
| Price/SF $745.90 $745.87 | Expiration
12-31-2028
| Tenant Type Convenience/Gas |
| NOI $152,963 | R. Term 3.6 | Ownership Fee Simple |
| Rent/SF
$45.50
| Increases 1.5%/1/yrs | Pop 5Mi 60,125 |
| Lot/AC 1.01 | Options 5/5yrs/1.5% | AHHI 5Mi $85,491 |
| | |
Circle K is positioned roughly 9.4 miles southwest of Savannah’s historic district and boasts excellent access and visibility along King George Boulevard (9,790 VPD) where it intersects with Abercorn Street (61,500 VPD). The property features a Circle K branded convenience store with 5-pumps and 10 fueling stations. The asset is ideally located within Georgetown Center (45,125 SF), which is...
...Signalized intersection
In location for years
Strategically located
Affluent suburb location
Major MSA
Absolute NNN
Accelerated depreciation
Annual rent increases
Traded and rated company
Investment grade tenant
Circle K Stores, Inc. is an international chain of convenience stores, Founded in 1951, Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 8,247 | 23,351 | 61,534 |
| 2022 Total Population : | 8,142 | 22,644 | 60,125 |
| 2022 Employed Civilian Pop : | 4,656 | 12,379 | 31,813 |
| 2022 Total Businesses : | 164 | 532 | 1,228 |
| 2022 Average Household Income : | $ 99,027 | $ 95,496 | $ 85,491 |
| 2022 Total Consumer Spending : | $ 314 M | $ 774 M | $ 1757 M |
| 2022 Median Age : | 33 | 33 | 34 |
| 2022 Total Households : | 3,675 | 9,432 | 23,880 |
| 2022 Pop Age 25+: Bachelor's Degree : | 1,292 | 3,340 | 8,429 |
| 2022 Average Home Value : | $ 268,828 | $ 267,868 | $ 290,591 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| King George Blvd | Abercorn St | 2012 | 11,540 | 0.06 mi |
| King George Boulevard | Grove Point Rd | 2019 | 10,300 | 0.29 mi |
| King George Boulevard | Grove Point Rd | 2018 | 11,300 | 0.29 mi |
| Abercorn Street Extension | Full Sweep Dr | 2019 | 63,500 | 0.44 mi |
| Abercorn Street Extension | Full Sweep Dr | 2018 | 57,300 | 0.44 mi |
| Pine Grove Dr | Quail Ave | 2004 | 524 | 0.50 mi |
| Pine Grove Drive | Don Zipperer Dr | 2019 | 1,100 | 0.52 mi |
| Pine Grove Drive | Don Zipperer Dr | 2018 | 1,080 | 0.52 mi |
| Grove Point Road | Wild Heron Rd | 2019 | 1,570 | 0.56 mi |
| Abercorn St | King George Blvd | 2012 | 52,600 | 0.69 mi |
Altoona, WI
Cap Rate 6.50%
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R. Term 14.10 yrs
Size/SF 2,800
Waite Park, MN
Cap Rate 6.00%
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R. Term 12.70 yrs
Size/SF 5,743
Mundelein, IL
Cap Rate 5.35%
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Size/SF 4,400
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
