Auto Service - Gas-Conv
Circle K - Recent 10 Yr Renewal Abs NNN
8303 W McDowell Rd, Tolleson, AZ 85353
Listing Price: $2,449,000
Investment Overview
Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. Founded in 1951 in El Paso, Texas, the company is owned and operated by the Canada-based Alimentation Couche-Tard, the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company operated stores.
Nestled on the western edge of the Phoenix metropolitan area, Tolleson is a six-square- mile community of approximately 7,000 residents. Tolleson is a thriving employment center that hosts several large commercial and industrial employers.
Circle K - Recent 10 Yr Renewal Abs NNN
Investment Highlights
- Absolute Triple-Net (NNN) Lease with Over Eight Years Remaining on Lease Term - Strong Sales
- Corporate Guaranty from Alimentation Couche-Tard, Inc. (Circle K)
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Dense Phoenix MSA Trade Area with More Than 372,000 Residents Within Five Miles
- High-Visibility, Signalized Hard Corner Location with Exposure to Over 79,000 Vehicles Per Day
- Immediate Access to Interstate 10, a Major Phoenix-Area Transportation Corridor, with Freeway Signage
- Directly Across from Talking Stick Resort Amphitheatre, a Major Music and Entertainment Venue with Capacity for Up to 20,000 Guests
- Established Retail Corridor Anchored by Desert Sky Mall and Major National Retailers Including Sam's Club, Walmart, Target, The Home Depot, and More
Auto Service - Gas-Conv
Circle K - Recent 10 Yr Renewal Abs NNN
Listing Price: $2,449,000
Investment Highlights
- Absolute Triple-Net (NNN) Lease with Over Eight Years Remaining on Lease Term - Strong Sales
- Corporate Guaranty from Alimentation Couche-Tard, Inc. (Circle K)
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Dense Phoenix MSA Trade Area with More Than 372,000 Residents Within Five Miles
- High-Visibility, Signalized Hard Corner Location with Exposure to Over 79,000 Vehicles Per Day
- Immediate Access to Interstate 10, a Major Phoenix-Area Transportation Corridor, with Freeway Signage
- Directly Across from Talking Stick Resort Amphitheatre, a Major Music and Entertainment Venue with Capacity for Up to 20,000 Guests
- Established Retail Corridor Anchored by Desert Sky Mall and Major National Retailers Including Sam's Club, Walmart, Target, The Home Depot, and More
Investment Overview
Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. Founded in 1951 in El Paso, Texas, the company is owned and operated by the Canada-based Alimentation Couche-Tard, the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company operated stores. Nestled on the western edge of the Phoenix metropolitan area, Tolleson is a six-square- mile community of approximately 7,000 residents. Tolleson is a thriving employment center that hosts several large commercial and industrial employers.
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