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.
Prominent Main Street Frontage: Strategically positioned along a primary local thoroughfare, the property benefits from strong visibility and easy accessibility.
County Seat Location: Situated in Spencer, the county seat of Owen County, the site experiences steady daily traffic generated by government offices, the courthouse, and related civic activity.
Proximity to National Retailers: The property is located near major national brands including McDonald’s, Wendy’s, Pizza Hut, and Dairy Queen, creating a synergistic retail environment that supports sustained foot traffic.