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.