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606 N Main St, Webster, IN, 46555

Circle K
$868,200

Key Information

$ per SF
$482
Tot. SF
1,799
Lot Size
0.86 Acres
Year Built
1955
Type
Retail
NOI
$43,410

Highlights

  • 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.
    24/7 Operations: The property operates continuously, 24 hours a day, maximizing revenue potential by capturing demand across all hours and customer segments.
  • Seasonal Population Surge: The local population increases by over 50% during the summer months, driven by lake tourism and seasonal visitors attracted to recreational activities and regional events.
  • 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.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203