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$ 3,125,000

Circle K

Convenience/Gas  

Cap Rate 5.60% | SF 4,047 | Term 9.6
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 6.2
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 14.9
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.

...

$ 0 |$ 4,271,000

Circle K

Convenience/Gas  

| 6.00% | SF 3,600 | Term 17.3
North Little Rock, AR 72114
  • New construction

  • Signalized intersection

  • Near major nationals

  • Freeway close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • 100+ unit franchisee backed

  • ...
  • 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
  • Property qualifies for 60 percent year one bonus depreciation or 15-yr accelerated deprecation per IRS 1250 Property Designation
  • Tenant is the largest Circle K franchisee in the U.S. with 200+ locations
  • 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.

...

$ 4,589,000

Circle K

Convenience/Gas  

Cap Rate 6.00% | SF 3,600 | Term 17.6
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.

...

$ 4,500,000

Circle K (GL)

Convenience/Gas  

Cap Rate 5.00% | SF 5,200 | Term 13.9
Lakeland, FL 33811
  • New construction

  • Signalized intersection

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • 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.

...

$ 4,532,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.75% | SF 5,200 | Term 13.9
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.

...

$ 6,006,940

Holiday/Circle K Commissary

Convenience/Gas  

Cap Rate 6.40% | SF 38,297 | Term 3.0
Minneapolis, MN 55430
  • Oversized lot

  • In location for years

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Long 20+ year operating history
  • The tenant has 4+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features fluctuating rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Holiday/Circle K Commissary
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD

The Holiday/Circle K commissary is a centralized facility where food and beverage items are prepared, stored, and distributed for Holiday & Circle K convenience stores. These commissaries play a crucial role in ensuring that Holiday & Circle K stores have consistent and quality products available for sale to customers. The commissary may handle tasks such as food preparation, packaging, and logistics, helping to streamline operations and maintain product standards across multiple locations.

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.

...

$ 4,111,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.50% | SF 4,625 | Term 13.11
Coachella, CA 92236
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Accelerated depreciation

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • New 15-year ground lease with 3 (5-year) and 1 (4-year, 11 month) 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
  • 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.

...

$ 425,000 |$ 550,000

Circle K

Convenience/Gas  

Cap Rate 5.88% | 4.55% | SF 2,562 | Term 0.1
Cortland, OH 44410
  • Build to suit

  • In location for years

  • Near major nationals

  • Strategically located

  • Major MSA

  • Long operation history

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 1969
  • The tenant has 1+ years remaining on the current lease term with no options to extend
  • 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.

...

$ 648,158 |$ 668,000

Circle K

Convenience/Gas  

Cap Rate 8.25% | 8.00% | SF 2,440 | Term 0.8
Wyandotte, MI 48192
  • Build to suit

  • In location for years

  • Near major nationals

  • Strategically located

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 2005
  • The tenant has less than 1 year remaining on the current lease term with 5 (5-year) options to extend
  • The lease features 9% rental escalations 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.

...

$ 2,880,000 |$ 2,990,400

Circle K (GL)

Convenience/Gas  

Cap Rate 5.45% | 5.25% | SF 3,666 | Term 13.2
Savannah, GA 31405
  • New construction

  • Build to suit

  • Strategically located

  • Freeway close

  • Major MSA

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • Circle K recently executed a brand new 15-year ground lease with 7 (5-year) options to extend
  • The lease features 5% rental escalations 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.

...

$ 4,946,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.65% | SF 5,200 | Term 18.7
Sparks, NV 89436
  • New construction

  • Top 100 MSA

  • New development zone

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand-new 2024 construction
  • New 20-year ground lease with 8 (5-year) options to extend
  • The lease features 5% rental escalations 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.

...

$ 1,056,000 |$ 1,500,000

Circle K

Convenience/Gas  

Cap Rate 7.81% | 5.50% | SF 3,425 | Term 0.10
Pekin, IL 61554
  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Strategically located

  • Major MSA

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 1995
  • The tenant has 1 year remaining on the current lease term with 1 (10-year) option to extend
  • The lease features a 10% rental escalation at the start of the remaining option period
  • 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.

...

$ 1,760,000 |$ 3,485,166

Circle K

Convenience/Gas  

Cap Rate 11.88% | 6.00% | SF 3,000 | Term 0.10
Dwight, IL 60420
  • Signalized intersection

  • In location for years

  • Near major nationals

  • Strategically located

  • Freeway visibility

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 1995
  • The tenant has 1 year remaining on the current lease term with 1 (10-year) option to extend
  • The lease features a 10% rental escalation at the start of the remaining option period
  • 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.

...

$ 704,000 |$ 1,072,350

Circle K

Convenience/Gas  

Cap Rate 9.14% | 6.00% | SF 2,293 | Term 0.10
Chillicothe, IL 61523
  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Strategically located

  • Major MSA

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 1995
  • The tenant has 1 year remaining on the current lease term with 1 (10-year) option to extend
  • The lease features a 10% rental escalation at the start of the remaining option period
  • 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.

...

$ 880,000 |$ 1,140,000

Circle K

Convenience/Gas  

Cap Rate 7.77% | 6.00% | SF 3,279 | Term 0.10
Bartonville, IL 61607
  • Signalized intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Major MSA

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 1995
  • The tenant has 1 year remaining on the current lease term with 1 (10-year) option to extend
  • The lease features a 10% rental escalation at the start of the remaining option period
  • 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.

...

$ 3,918,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.85% | SF 5,000 | Term 13.4
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 13.1
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.

...

$ 2,139,000

Circle K

Convenience/Gas  

Cap Rate 6.00% | SF 6,129 | Term 5.3
Newton, IL 62448
  • Hard corner intersection

  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Long operation history

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 2005
  • The tenant has 6+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 7.5% 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.

...

$ 3,820,000 |$ 3,999,500

Circle K (GL)

Convenience/Gas  

Cap Rate 5.50% | 5.25% | SF 5,200 | Term 12.7
Daphne, AL 36526
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • Highway location

  • Affluent suburb location

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand-new 2023 construction
  • Circle K recently executed a brand-new 15-year ground lease with 7 (5-year) options
  • Lease features 5% rental increase in year 11 and at the beginning of each option
  • Absolute NNN | 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, 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.

...

$ 2,245,000 |$ 2,521,000

Circle K

Convenience/Gas  

Cap Rate 5.05% | 4.50% | SF 2,098 | Term 3.7
Rosemead, CA 91770
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • High traffic 50M+ VPD

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Accelerated depreciation

  • Annual rent increases

  • Traded and rated company

  • ...
  • Circle K has been operating in this location since 1974
  • Tenant has 5+ years remaining on the current lease term with 2 (5-year) options to extend
  • Lease features 3% annual rental increase throughout the initial term and FMV at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 14,332
  • 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 close to 7,000 stores in the U.S. across 47 states, with 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 14,332 stores (10,800 offering fuel) across 24 countries and territories, and approximately 122,000 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 2022 they had a market cap of $44.4B and earned over $70.5B in revenue. The company is headquartered in Laval, Quebec, Canada.

...

$ 2,434,783

Circle K

Convenience/Gas  

Cap Rate 5.75% | SF 3,050 | Term 6.3
Phoenix, AZ 85007
  • Signalized intersection

  • Hard corner intersection

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 2007
  • Tenant has 7+ years of firm term remaining with 6 (5-year) options to extend
  • The lease features 5% rent increases every 5 years | Next rent bump in 2027
  • 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.

...

$ 4,000,000 |$ 4,300,000

Circle K

Convenience/Gas  

Cap Rate 5.37% | 5.00% | SF 2,080 | Term 0.5
Scottsdale, AZ 85260
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Circle K has been operating in this location since 2008
  • Tenant has over 1 year remaining on the current lease term with 1 (3-year), 4 (5-year) and 2 (10-year) options to extend
  • Lease features a 5% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Alimentation Couche-Tard (TSE: ATD)
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 14,332
  • Moody's/S&P Baa2/ BBB
  • Stock TSE: 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 close to 7,000 stores in the U.S. across 47 states, with locations in more than 24 countries and territories. 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 has approximately 14,332 stores across 24 countries and territories, and approximately 122,000 employees. The Couche-Tard company umbrella 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. Their current market cap is $48.52B and they reported a 2022 annual revenue of $70.54B. The company is headquartered in Laval, Quebec, Canada.

...

$ 4,187,000

Circle K

Convenience/Gas  

Cap Rate 6.25% | SF 3,600 | Term 17.8
Fort Smith, AR 72901
  • New construction

  • Signalized intersection

  • Major MSA

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • Top franchise operator

  • ...
  • Brand-new, state-of-the-art construction
  • Tenant recently signed a new 20-year lease with 4 (5-year) options to extend
  • The lease features rent increases of 10% every 5 years
  • Absolute NNN | Zero landlord responsibilities
  • Strong operator and guarantor | Gas Express, LLC is the largest Circle K franchisees in the country with 113 Circle K locations (with another 20 set to open by year-end) and 200+ units across all brands
  • Tenant Circle K
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Baa2/ BBB
  • Stock TSE: 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 close to 7,000 stores in the U.S. across 47 states, with locations in more than 24 countries and territories. 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 has approximately 14,332 stores across 24 countries and territories, and approximately 122,000 employees. The Couche-Tard company umbrella 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. Their current market cap is $48.52B and they reported a 2022 annual revenue of $70.54B. The company is headquartered in Laval, Quebec, Canada.

...

$ 4,292,000

Circle K

Convenience/Gas  

Cap Rate 6.25% | SF 3,600 | Term 17.7
Fort Smith, AR 72916
  • New construction

  • Freeway visibility

  • Affluent suburb location

  • Major MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Top franchise operator

  • ...
  • Brand-new, state-of-the-art construction
  • Tenant recently signed a new 20-year lease with 4 (5-year) options to extend
  • The lease features rent increases of 10% every 5 years
  • Absolute NNN | Zero landlord responsibilities
  • Strong operator and guarantor | Gas Express, LLC is the largest Circle K franchisees in the country with 113 Circle K locations (with another 20 set to open by year-end) and 200+ units across all brands
  • Tenant Circle K
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Baa2/ BBB
  • Stock TSE: 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 close to 7,000 stores in the U.S. across 47 states, with locations in more than 24 countries and territories. 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 has approximately 14,332 stores across 24 countries and territories, and approximately 122,000 employees. The Couche-Tard company umbrella 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. Their current market cap is $48.52B and they reported a 2022 annual revenue of $70.54B. The company is headquartered in Laval, Quebec, Canada.

...

$ 2,050,000

Circle K (GL)

Convenience/Gas  

Cap Rate 4.74% | SF 5,200 | Term 12.7
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.

...

$ 6,346,000 |$ 6,800,000

Circle K

Convenience/Gas  

Cap Rate 6.70% | 6.25% | SF 5,320 | Term 17.9
Pendleton, SC 29670
  • New construction

  • Signalized intersection

  • Highway location

  • Top 100 MSA

  • New development zone

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Annual rent increases

  • Top franchise operator

  • ...
  • Brand new 2023 construction
  • Circle K recently signed a brand new 20 year lease with 4 (5-year) options to extend
  • Lease features 1.5% annual rental increases
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Gas Express, LLC (200+ units)
  • Tenant Circle K
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Baa2/ BBB
  • Stock TSE: 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 close to 7,000 stores in the U.S. across 47 states, with locations in more than 24 countries and territories. 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 has approximately 14,332 stores across 24 countries and territories, and approximately 122,000 employees. The Couche-Tard company umbrella 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. Their current market cap is $48.52B and they reported a 2022 annual revenue of $70.54B. The company is headquartered in Laval, Quebec, Canada.

...

$ 5,948,000 |$ 6,000,000

Circle K

Convenience/Gas  

Cap Rate 5.75% | 5.70% | SF 3,000 | Term 17.11
Suwanee, GA 30024
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 20+ yr lease

  • Absolute NNN

  • Traded and rated company

  • 100+ unit franchisee backed

  • ...
  • Circle K will be signing a brand new 20-year lease with 4 (5-year) options to extend at close of escrow
  • Lease features a rental increase of 10% in each of the option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Gas Express, LLC (200+ units)
  • Circle K is an investment grade tenant (S&P: BBB)
  • Tenant Circle K
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Baa2/ BBB
  • Stock TSE: 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 close to 7,000 stores in the U.S. across 47 states, with locations in more than 24 countries and territories. 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 has approximately 14,332 stores across 24 countries and territories, and approximately 122,000 employees. The Couche-Tard company umbrella 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. Their current market cap is $48.52B and they reported a 2022 annual revenue of $70.54B. The company is headquartered in Laval, Quebec, Canada.

...

$ 4,200,000 |$ 4,620,000

Circle K

Convenience/Gas  

Cap Rate 6.60% | 6.00% | SF 5,600 | Term 15.1
Locust Grove, GA 30248
  • Signalized intersection

  • Major thoroughfare

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Accelerated depreciation

  • Annual rent increases

  • Traded and rated company

  • 100+ unit franchisee backed

  • ...
  • Circle K has 17+ years remaining on its current lease term with 4 (5-year) options to extend
  • Lease features a rental increase of 1.25% annually
  • Absolute NNN Lease | Zero Landlord responsibility
  • Lease guaranteed by Gas Express, LLC (200+ units)
  • Circle K is an investment grade tenant (S&P: BBB)
  • Tenant Circle K
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Baa2/ BBB
  • Stock TSE: 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 close to 7,000 stores in the U.S. across 47 states, with locations in more than 24 countries and territories. 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 has approximately 14,332 stores across 24 countries and territories, and approximately 122,000 employees. The Couche-Tard company umbrella 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. Their current market cap is $48.52B and they reported a 2022 annual revenue of $70.54B. The company is headquartered in Laval, Quebec, Canada.

...

$ 4,463,919 |$ 4,731,000

Circle K

Convenience/Gas  

Cap Rate 6.20% | 5.85% | SF 3,600 | Term 17.7
Johnson, AR 72762
  • New construction

  • Near major nationals

  • Freeway visibility

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Top franchise operator

  • ...
  • Brand new 2023 construction
  • Circle K recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease features a 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Property qualifies for 80 percent year one bonus depreciation or 15-year accelerated depreciation per IRS 1250 Property Designation
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Gas Express, LLC (200+ units)
  • Tenant Circle K
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Baa2/ BBB
  • Stock TSE: 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 close to 7,000 stores in the U.S. across 47 states, with locations in more than 24 countries and territories. 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 has approximately 14,332 stores across 24 countries and territories, and approximately 122,000 employees. The Couche-Tard company umbrella 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. Their current market cap is $48.52B and they reported a 2022 annual revenue of $70.54B. The company is headquartered in Laval, Quebec, Canada.

...

$ 3,973,000 |$ 4,381,000

Circle K

Convenience/Gas  

Cap Rate 6.45% | 5.85% | SF 3,600 | Term 17.3
North Little Rock, AR 72114
  • New construction

  • Signalized intersection

  • University college close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • New development zone

  • Brand new lease

  • Absolute NNN

  • Accelerated depreciation

  • Top franchise operator

  • ...
  • Brand new 2023 construction
  • Circle K recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease features a 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Property qualifies for 80 percent year one bonus depreciation or 15-year accelerated depreciation per IRS 1250 Property Designation
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Gas Express, LLC (200+ units)
  • Tenant Circle K
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Baa2/ BBB
  • Stock TSE: 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 close to 7,000 stores in the U.S. across 47 states, with locations in more than 24 countries and territories. 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 has approximately 14,332 stores across 24 countries and territories, and approximately 122,000 employees. The Couche-Tard company umbrella 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. Their current market cap is $48.52B and they reported a 2022 annual revenue of $70.54B. The company is headquartered in Laval, Quebec, Canada.

...

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