Circle K
- Brand New 20 Year Absolute NNN Lease – No Landlord Responsibilities
- 2% Annual Increases – Blended CAP Rate of 7.28% Over Lease Term
- Four (4) x 5-Year Options to Renew
- Guarantor Supplies Fuel to Over 300 Locations and 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
- Income Tax Free State
- Located at a Hard Corner Directly off US Business 83 with Traffic Counts of 20,000+ Cars Per Day
- Population of 101,000+ Within 5-Miles
- Adjacent to CVS and Whataburger
In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706