Skip to main content

Auto Service - Gas-Conv

Circle K

2094 Park Ave W, Mansfield, OH 44906

Listing Price: $2,305,860

Cap Rate
5.00%
Tenant Name
Mac’s Convenience Stores, LLC
Years Remaining On Lease
5.8
Guarantor
Corporate Guarantee
Rentable SF
3,288
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.06

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Circle K located at 2094 Park Avenue in Mansfield, Ohio. The site constructed in 1997 and consists of roughly 3,288 rentable square feet of building space on estimated 1.58-acre parcel of land. This Circle K is subject to a triple-net (NNN) lease, which commenced on August 26th, 1998. The annual rent is $115,293. The tenant recently exercised one (1), five (5)-year renewal option, which are set to expire on 2/28/2028. There is One (1), Five (5)-year tenant renewal option remaining.

Investment Highlights

  • Long Term Operating History | Tenant has Operated at this Location for More than 23 Years
  • Corporate Tenant
  • Tenant Recently Exercised a Renewal Option | Showing Strong Commitment to this Location

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Auto Service - Gas-Conv

Circle K

Listing Price: $2,305,860

Cap Rate
5.00%
Tenant Name
Mac’s Convenience Stores, LLC
Years Remaining On Lease
5.8
Guarantor
Corporate Guarantee
Rentable SF
3,288
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.06

Investment Highlights

  • Long Term Operating History | Tenant has Operated at this Location for More than 23 Years
  • Corporate Tenant
  • Tenant Recently Exercised a Renewal Option | Showing Strong Commitment to this Location

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Circle K located at 2094 Park Avenue in Mansfield, Ohio. The site constructed in 1997 and consists of roughly 3,288 rentable square feet of building space on estimated 1.58-acre parcel of land. This Circle K is subject to a triple-net (NNN) lease, which commenced on August 26th, 1998. The annual rent is $115,293. The tenant recently exercised one (1), five (5)-year renewal option, which are set to expire on 2/28/2028. There is One (1), Five (5)-year tenant renewal option remaining.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

Financing By

MM Texture Background
MM Textured Background Lower