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Auto Service - Gas-Conv

Circle K Sale Leaseback

1945 GA Hwy 211, Hoschton, GA 30548

Listing Price: $3,655,000

Cap Rate
5.75%
Tenant Name
Gas Express, LLC d/b/a Circle K
Guarantor
Franchisee Guarantee
Rentable SF
3,000
Lease Type
Absolute Net
Rent Per Square Feet
$70.00

Investment Overview

STRONG REAL ESTATE FUNDAMENTALS - Attractive metro of Atlanta - Interstate location immediately off I-85 - Hard corner of a signalized intersection - Flat topography with phenomenal visibility - Multiple points of ingress/egress - Nearby distribution centers less than 5 miles from the property: Amazon, Whole Foods, Petco, Mizuno and Havertys Furniture - Located a mile from Chateau Elan Winery & Resort, a 3,500 acre premier destination resort with indoor and outdoor event space, multiple restaurants, golf & tennis clubs, a world-class spa, winery, etc. - Explosive population growth since 2000: 187% (1-mi), 152% (3-mi), 142% (5-mi) - Affluent market with the average household incomes within a 1, 3 & 5-mile radius between $111k - $115k OPTIMAL LEASE STRUCTURE - Rare 20-year base term - Four (4), 5 year renewal options - 10% rent escalations every 5 years throughout entire lease - Triple Net (NNN) lease with no landlord responsibilities - Tax advantages with accelerated depreciation due to fee simple ownership - Strong performing location with rent:sales below 8% LARGE FRANCHISEE & DOMINANT BRAND - Expanding 93-unit operator across 4 states (AL, AR, GA, LA) › Currently operate 50+ Circle Ks in Georgia - Other brands include BP and Kangaroo Express - 26+ year operating history - Circle K is an international brand with 15,000+ locations in 20 countries (corporate) ATLANTA MSA ADVANTAGE - Atlanta metro has the 5th largest population in the US with 5.9+ million residents - 30 companies with HQ in metro Atlanta are among the 2020 Fortune 1000 › 16 ranked in the elite Fortune 500 - Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development) - For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration - Major industries include financial services, technology and telecommunications - Forbes Rankings: › #13 Best Places for Business and Careers › #34 in Job Growth › #41 in Education

Investment Highlights

  • Attractive metro of Atlanta with interstate location immediately off I-85
  • Hard corner of a signalized intersection
  • Nearby distribution centers less than 5 miles from the property: Amazon, Whole Foods, Petco, Mizuno and Havertys Furniture
  • Affluent market with the average household incomes within a 1, 3 & 5-mile radius between $111k - $115k
  • Triple Net (NNN) lease with no landlord responsibilities
  • Strong performing location with rent:sales below 8%
  • Expanding 93-unit operator across 4 states (AL, AR, GA, LA)

Exclusively Listed By

Auto Service - Gas-Conv

Circle K Sale Leaseback

Listing Price: $3,655,000

Cap Rate
5.75%
Tenant Name
Gas Express, LLC d/b/a Circle K
Guarantor
Franchisee Guarantee
Rentable SF
3,000
Lease Type
Absolute Net
Rent Per Square Feet
$70.00

Investment Highlights

  • Attractive metro of Atlanta with interstate location immediately off I-85
  • Hard corner of a signalized intersection
  • Nearby distribution centers less than 5 miles from the property: Amazon, Whole Foods, Petco, Mizuno and Havertys Furniture
  • Affluent market with the average household incomes within a 1, 3 & 5-mile radius between $111k - $115k
  • Triple Net (NNN) lease with no landlord responsibilities
  • Strong performing location with rent:sales below 8%
  • Expanding 93-unit operator across 4 states (AL, AR, GA, LA)

Investment Overview

STRONG REAL ESTATE FUNDAMENTALS - Attractive metro of Atlanta - Interstate location immediately off I-85 - Hard corner of a signalized intersection - Flat topography with phenomenal visibility - Multiple points of ingress/egress - Nearby distribution centers less than 5 miles from the property: Amazon, Whole Foods, Petco, Mizuno and Havertys Furniture - Located a mile from Chateau Elan Winery & Resort, a 3,500 acre premier destination resort with indoor and outdoor event space, multiple restaurants, golf & tennis clubs, a world-class spa, winery, etc. - Explosive population growth since 2000: 187% (1-mi), 152% (3-mi), 142% (5-mi) - Affluent market with the average household incomes within a 1, 3 & 5-mile radius between $111k - $115k OPTIMAL LEASE STRUCTURE - Rare 20-year base term - Four (4), 5 year renewal options - 10% rent escalations every 5 years throughout entire lease - Triple Net (NNN) lease with no landlord responsibilities - Tax advantages with accelerated depreciation due to fee simple ownership - Strong performing location with rent:sales below 8% LARGE FRANCHISEE & DOMINANT BRAND - Expanding 93-unit operator across 4 states (AL, AR, GA, LA) › Currently operate 50+ Circle Ks in Georgia - Other brands include BP and Kangaroo Express - 26+ year operating history - Circle K is an international brand with 15,000+ locations in 20 countries (corporate) ATLANTA MSA ADVANTAGE - Atlanta metro has the 5th largest population in the US with 5.9+ million residents - 30 companies with HQ in metro Atlanta are among the 2020 Fortune 1000 › 16 ranked in the elite Fortune 500 - Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development) - For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration - Major industries include financial services, technology and telecommunications - Forbes Rankings: › #13 Best Places for Business and Careers › #34 in Job Growth › #41 in Education

Exclusively Listed By

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