Circle K
- 20 Year Absolute NNN Lease – No Landlord Responsibilities
- 2% Annual Bumps – Blended Cap Rate of 6.98% Over Lease Term
- Guarantor Supplied Over 130 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period Ended June 30, 2017
- Guarantor Generated Over $13 Million in EBITDA in 2016
- Guarantor Spending Over $250,000 in Capex at Site Rebranding to Chevron
- Operator Operates 70 Circle K’s in 4 States
- 15 Year Accelerated Depreciation
- Tax Free State
- Hard Corner Directly Off Interstate 69E
- Strong Demographics – Population of 95,000+ Within 5-Miles
- Traffic Counts of 122,000+ Cars Per Day
- Select Neighboring Tenants Include: Lowe’s, Home Depot, Harbor Freight Tools, Discount Tire, Denny’s, Texas Roadhouse, Jack in the Box, Stripes and 7-Eleven
In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706