PHILLIPS 66 (CIRCLE K)

Corporate Guarantee: The Property is Leased to an Affiliate of Cross America Partners LP (1,800 Locations) and is Further Guaranteed by Circle K Stores INC., a Wholly Owned Subsidiary of Alimentation Couche-Tard (Tsx: Atd), The Largest Company-Operated Convenience Store Chain IN North America With ~17,000 Locations Worldwide Across 26 Countries.
Absolute Nnn Lease: There Are Zero Landlord Responsibilities – Tenant Directly Handles Property Taxes, Insurance, Cam, Roof, and Structure, Creating a Fully Passive Investment Property.
Prominent Highway Intersection: Strategically Positioned at a Signalized Intersection Along W 7th Ave (US-400) With Strong Visibility and Exposure, Directly Serving the Wichita Msa, Just 20 Minutes East of Wichita, Benefiting From Regional Commuter and Local Traffic. This Positioning Not Only Supports Strong Daily Fuel and Convenience Demand but Also Solidifies Circle K’S Role as a Highway Travel Stop and Local Neighborhood C‑Store.
Major Employers & Industry: Augusta is Part of the Wichita Metro Labor Shed, Anchored by Spirit Aerosystems, Textron Aviation, and Wesley Medical Center, Providing A Stable Employment Base and Fuel Demand.
Strong Daytime Population: Centrally Located Within Augusts K-12 Public School District, Serving 1,962 Students Across Five Schools Within 2 Miles of the Property. This Sizeable Student Population Supports Consistent Weekday Traffic, Family-Oriented Midday Visits, and Repeat Convenience Store Usage From Parents, Teachers, and Students.
Regional Trade Area: Directly Across From Walmart Supercenter, a Dominant Regional Retail Anchor and Daily Traffic
Generator, Driving Consistent Fuel and Convenience Store Visits. Surrounded by Other National Retailers Including Dollar Tree, Tractor Supply, O’Reilly Auto Parts, Mcdonald’S, Pizza Hut, Wendy’S, Taco Bell, and Sonic Drive-Thru.

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Kyle Matthews