INVESTMENT HIGHLIGHTS

• Absolute NNN Lease: The property has no landlord obligations with the tenant being responsible for all maintenance, taxes, insurance, etc.
• Operating History: Circle K has operated at this location since 1972, pointing to their strong performance and commitment to the site.
• Naked Lease: With no options remaining, the new owner will benefit from being able to negotiate a new lease with Circle K.
• Growing Population: Twentynine Palms has seen consistent population growth since 2010.
• Tourism: Located near Joshua Tree National Park, Twentynine Palms sees over 140,000 annual visitors with an average of over $186M in visitor spending.
• Brand Recognition: This property benefits from strong consumer brand recognition, as Circle K operates in 48 states and ranks 2nd nationally with ±15,000 C-Store locations.
• Corner Lot: Located on a corner lot with multiple access points, the property is located in an optimal location for a gas station / convenience store.
• Bonus Depreciation: Property may qualify for 100% Bonus Depreciation. Please contact a CPA to confirm.