Absolute NNN Lease: The asset is subject to an absolute triple-net lease, with the tenant responsible for all property expenses, including maintenance, taxes, and insurance—resulting in a true passive investment with no landlord responsibilities.
Established Operating History: Circle K has successfully operated at this location since 2010, demonstrating long-term operational stability and a strong commitment to the site.
National Brand Strength: Circle K is a top-tier convenience store operator, ranking second nationally with approximately 15,000+ locations across 48+ states—driving consistent consumer traffic through recognized brand loyalty.
Minimal Local Competition: The site enjoys limited direct competition from nearby fuel stations or convenience stores, solidifying its position as a primary destination for fuel and convenience retail in the immediate trade area.
Demographic Growth Supporting Retail Demand: Pittsboro has experienced consistent population growth, supported by a strong median household income base that underpins local convenience retail demand.
Strategic Location within the Indianapolis Metroplex: Located in Hendricks County, Pittsboro benefits from its strategic position within the economically robust Indianapolis metropolitan area.
Bonus Depreciation Potential: The asset may be eligible for 100% bonus depreciation, offering potential tax advantages to qualified investors. Buyers are advised to consult with their CPA for specific applicability.