Auto Service - Gas-Conv
Circle K | Brand New 20-Year Abs. NNN Lease | Largest Franchisee (200+ Unit Operator)
3991 Johnson Mill Blvd, Johnson, AR 72762
Listing Price: $4,731,000
Investment Overview
Founded in 1994 and based in Atlanta, Georgia, Gas Express, LLC is the largest Circle K franchisee in the United States. The franchisee operates over 200 locations (existing and coming soon) throughout Alabama, Arkansas, Georgia, Kansas, and Louisiana. Gas Express’ relationship with Circle K ensures continued corporate growth through increased corporate exposure, enhanced leadership, and buying power.
Situated in the northwestern part of Arkansas, Johnson is a suburb of Fayetteville and part of the larger Northwest Arkansas region. Located between Fayetteville and Springdale in the heart of the rapidly growing Northwest Arkansas MSA, Johnson has been experiencing a population and building boom in recent years, as indicated by a 46 percent growth in population between the 2000 and 2010 censuses.
Circle K | Brand New 20-Year Abs. NNN Lease | Largest Franchisee (200+ Unit Operator)
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease
- 10 Percent Rental Increases Every Five Years
- Tenant is the Largest Circle K Franchisee in the United States with Over 200 Locations
- 135,393 Residents and 168,454 Daytime Employees Within a Five-Mile Radius - Rapidly Growing Trade Area in the Northwest Arkansas MSA
- Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
- Central Location Only Seven Miles from Both Downtown Springdale and Fayetteville
- Extremely Visible Location with Over 106,000 Cars per Day at Intersection of US Highway 71 South / I-49 and Johnson Mill Boulevard
- Only Seven Minutes from Northwest Arkansas Mall and Major National Retailers
Auto Service - Gas-Conv
Circle K | Brand New 20-Year Abs. NNN Lease | Largest Franchisee (200+ Unit Operator)
Listing Price: $4,731,000
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease
- 10 Percent Rental Increases Every Five Years
- Tenant is the Largest Circle K Franchisee in the United States with Over 200 Locations
- 135,393 Residents and 168,454 Daytime Employees Within a Five-Mile Radius - Rapidly Growing Trade Area in the Northwest Arkansas MSA
- Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
- Central Location Only Seven Miles from Both Downtown Springdale and Fayetteville
- Extremely Visible Location with Over 106,000 Cars per Day at Intersection of US Highway 71 South / I-49 and Johnson Mill Boulevard
- Only Seven Minutes from Northwest Arkansas Mall and Major National Retailers
Investment Overview
Founded in 1994 and based in Atlanta, Georgia, Gas Express, LLC is the largest Circle K franchisee in the United States. The franchisee operates over 200 locations (existing and coming soon) throughout Alabama, Arkansas, Georgia, Kansas, and Louisiana. Gas Express’ relationship with Circle K ensures continued corporate growth through increased corporate exposure, enhanced leadership, and buying power. Situated in the northwestern part of Arkansas, Johnson is a suburb of Fayetteville and part of the larger Northwest Arkansas region. Located between Fayetteville and Springdale in the heart of the rapidly growing Northwest Arkansas MSA, Johnson has been experiencing a population and building boom in recent years, as indicated by a 46 percent growth in population between the 2000 and 2010 censuses.
