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Circle K
7702 Pines Rd, Shreveport, LA 71129
Listing Price: $706,000
Cap Rate
7.00%
Tenant Name
Circle K
Years Remaining On Lease
0.3
Guarantor
Corporate Guarantee
Rentable SF
2,400
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$1.72
Investment Overview
Shreveport is the Third-Most Populous City in Louisiana after New Orleans and Baton Rouge.
Circle K
Investment Highlights
- Corporate Guaranteed Circle K | Open 24 Hours
- Low Rent | Short-Term NNN Lease with No Landlord Responsibilities
- Circle K has Been Operating at this Location Since 1982
- Circle K Stores, Inc. has an Investment-Grade Rating from both (S&P: BBB) and (Moody's: Baa2)
- Circle K is Currently in Their First Lease Extension
- Lease Offers Five, Five-Year Lease Extensions Remaining with 8% Rent Increases in Each Extension Period
- Situated On a Hard Corner at a Four-Way Signalized Intersection
- Frontage Along Buncombe Rd | Traffic Counts of 17,025 AADT
Listing Price: $706,000
Cap Rate
7.00%
Tenant Name
Circle K
Years Remaining On Lease
0.3
Guarantor
Corporate Guarantee
Rentable SF
2,400
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$1.72
Investment Highlights
- Corporate Guaranteed Circle K | Open 24 Hours
- Low Rent | Short-Term NNN Lease with No Landlord Responsibilities
- Circle K has Been Operating at this Location Since 1982
- Circle K Stores, Inc. has an Investment-Grade Rating from both (S&P: BBB) and (Moody's: Baa2)
- Circle K is Currently in Their First Lease Extension
- Lease Offers Five, Five-Year Lease Extensions Remaining with 8% Rent Increases in Each Extension Period
- Situated On a Hard Corner at a Four-Way Signalized Intersection
- Frontage Along Buncombe Rd | Traffic Counts of 17,025 AADT
Investment Overview
Shreveport is the Third-Most Populous City in Louisiana after New Orleans and Baton Rouge.
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