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Circle K | Absolute NNN Corporate Lease

1600 W Main St, Turlock, CA 95380

Listing Price: $1,907,000

Cap Rate
5.35%
Tenant Name
Circle K
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
2,689
Lease Type
Absolute Net
Rent Per Square Feet
$37.93

Investment Overview

The absolute NNN leased Circle K in Turlock, California offers an attractive investment opportunity with immediate access to CA-99, a major north-south highway serving California’s Central Valley with more than 115,000 vehicles per day. The property is positioned at a four-way signalized intersection and directly across from the Novolex Packaging and Supply facility, providing excellent visibility and daily traffic exposure. Osborn Elementary School is located just one block away, adding a strong nearby residential and community presence. The property is surrounded by an established mix of national and regional retailers, including McDonald’s, Taco Bell, Tractor Supply Co., Starbucks, Grocery Outlet, Carl’s Jr., and SpringHill Suites, further enhancing the location’s convenience and appeal.

Investment Highlights

  • Absolute NNN Lease
  • Corporate Lease w/ Circle K Stores, Inc.
  • Fee Simple Ownership - Potential Bonus Depreciation (consult with your CPA)
  • Ranked top 82% in California (Placer.ai)

Exclusively Listed By

  • Rich Merryman

    Executive Managing Director Investments

    (415) 625-2126

    Email Rich

    License(s): CA: 00934296

    San Francisco

  • Bill Schofield

    Senior Managing Director Investments

    (415) 625-2136

    Email Bill

    License(s): CA: 01239109

    San Francisco

  • Ryan Wilmer

    Senior Managing Director Investments

    (415) 625-2162

    Email Ryan

    License(s): CA: 01815949, NV: S.0201770

    San Francisco

Auto Service - Gas-Conv

Circle K | Absolute NNN Corporate Lease

Listing Price: $1,907,000

Cap Rate
5.35%
Tenant Name
Circle K
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
2,689
Lease Type
Absolute Net
Rent Per Square Feet
$37.93

Investment Highlights

  • Absolute NNN Lease
  • Corporate Lease w/ Circle K Stores, Inc.
  • Fee Simple Ownership - Potential Bonus Depreciation (consult with your CPA)
  • Ranked top 82% in California (Placer.ai)

Investment Overview

The absolute NNN leased Circle K in Turlock, California offers an attractive investment opportunity with immediate access to CA-99, a major north-south highway serving California’s Central Valley with more than 115,000 vehicles per day. The property is positioned at a four-way signalized intersection and directly across from the Novolex Packaging and Supply facility, providing excellent visibility and daily traffic exposure. Osborn Elementary School is located just one block away, adding a strong nearby residential and community presence. The property is surrounded by an established mix of national and regional retailers, including McDonald’s, Taco Bell, Tractor Supply Co., Starbucks, Grocery Outlet, Carl’s Jr., and SpringHill Suites, further enhancing the location’s convenience and appeal.

Exclusively Listed By

  • Rich Merryman

    Executive Managing Director Investments

    (415) 625-2126

    Email Rich

    License(s): CA: 00934296

    San Francisco

  • Bill Schofield

    Senior Managing Director Investments

    (415) 625-2136

    Email Bill

    License(s): CA: 01239109

    San Francisco

  • Ryan Wilmer

    Senior Managing Director Investments

    (415) 625-2162

    Email Ryan

    License(s): CA: 01815949, NV: S.0201770

    San Francisco

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