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Circle K

1 Gumtree Rd, Hilton Head Island, SC 29926

Listing Price: $2,520,000

Cap Rate
5.75%
Tenant Name
Circle K
Years Remaining On Lease
4.4
Guarantor
Corporate Guarantee
Rentable SF
2,560
Lease Type
Absolute Net
Rent Per Square Feet
$56.62

Investment Overview

* Located along the only thoroughfare that connects Hilton Head Island to mainland South Carolina * Large 1.31 Acre lot on the corner of a 4-way signalized intersection * Close proximity to Hilton Head Island Elementary School, Middle School & High School * Average household income within a 3-mile radius exceeds $110,000 annually * Known for its Atlantic Ocean beaches and semi-tropical landscape, Hilton Head Island is home to 24 championship golf courses and attracts more than 2.67 million visitors annually

Investment Highlights

  • Absolute NNN Lease
  • Tenant recently exercised its second consecutive 5-year option
  • 10% increase every 5 years

Exclusively Listed By

Broker of Record

  • Drew Babcock

    First Vice President Investments

    License(s): SC: 39872

    South Carolina

Listing Price: $2,520,000

Cap Rate
5.75%
Tenant Name
Circle K
Years Remaining On Lease
4.4
Guarantor
Corporate Guarantee
Rentable SF
2,560
Lease Type
Absolute Net
Rent Per Square Feet
$56.62

Investment Highlights

  • Absolute NNN Lease
  • Tenant recently exercised its second consecutive 5-year option
  • 10% increase every 5 years

Investment Overview

* Located along the only thoroughfare that connects Hilton Head Island to mainland South Carolina * Large 1.31 Acre lot on the corner of a 4-way signalized intersection * Close proximity to Hilton Head Island Elementary School, Middle School & High School * Average household income within a 3-mile radius exceeds $110,000 annually * Known for its Atlantic Ocean beaches and semi-tropical landscape, Hilton Head Island is home to 24 championship golf courses and attracts more than 2.67 million visitors annually

Exclusively Listed By

Broker of Record

  • Drew Babcock

    First Vice President Investments

    License(s): SC: 39872

    South Carolina

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