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