Circle K
- Brand New 20 Year Absolute NNN Lease – Zero Landlord Responsibilities
- 2% Annual Rent Increases
- Four (4) x 5-Year Options to Renew
- Blended CAP Rate of 6.86% 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
- Income Tax Free State
- Hard Corner with Strong Traffic Counts – Over 162,000 VPD
- Strong Demographics – Population of 222,000+ Within 5-Miles
- Select Neighboring National Tenants Include: Starbucks, 7-Eleven, IHOP, Big Lots, Stripes and La Plaza Mall
In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706