STNL Circle K Gas Station

Colliers is pleased to exclusively offer for sale a new construction single-tenant net-leased Circle K located in North Las Vegas, NV.​ The property consists of a ±5,187 SF freestanding convenience store with 7 gas pumps and benefits from a 20-Year Absolute NNN Ground Lease.​

This newly constructed Circle K is adjacent to Rome Pines Senior Apartments (±240 units), Rome Pines Family Apartments (±292 units), and is directly across from the future 5th St Village with ±422 multi-family units.​ The site is situated at the signalized intersection of E.​ Centennial Pkwy.​ and N.​ 5th St.​, with combined traffic counts in excess of ±33,000 VPD, strategically located just south of the CC 215 Beltway with exposure to an additional ±35,000 VPD.​

National co-tenants within the development include Chick-fil-A, Freddy’s Frozen Custard & Steakburgers, Valvoline, Providence Dental, and WOW Car Wash.​ Other nearby retailers include Target, Kohl’s, The Home Depot, Ross, Burlington, PetSmart, Michaels, Valley Health Systems, Burger King, Starbucks, and more.​ The asset is well positioned within a high growth trade area, while servicing ±297,959 residents with average household incomes of over $98,014 within a 5-mile radius.​

True Investment Grade Credit | Corporate Guaranteed Lease

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  Circle K Stores, Inc. - Corporation Guarantee (ATD:CA)

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  20-Year Absolute NNN lease with eight 5-year extension terms

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  10% rent increases every 5 years, including options

Desirable Retail Corridor I Strong Traffic Counts

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  The property benefits from high traffic at the signalized intersection of N. 5th St. and E. Centennial Pkwy., with a combined traffic count of ±33,000 VPD

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  Strategically located ±1-mile from the CC 215 Beltway (±35,000 VPD)

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  National co-tenants include Chick-fil-A, Freddy’s Frozen Custard & Steakburgers, Valvoline, Providence Dental, and WOW Car Wash

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  Other nearby retailers include Target, Kohl’s, The Home Depot, Ross, Burlington, PetSmart, Michaels, Valley Health Systems, Burger King, Starbucks, and more

High Growth Trade Area

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  Adjacent to Rome Pines Senior Apartments (±240 units) and Rome Pines Family Apartments (±292 units)

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  Across from the future 5th St Village project with ±422 multi-family units under construction

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  The new Tule Springs master-planned community development is located north of CC 215, and encompasses more than 1,200 acres and will include about 8,693 homes, a 35-AC park, and 2 schools upon buildout

Dense and Underserved Demographics

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  The property services a dense and underserved immediate trade area with ±297,959 residents within a 5-mile radius, boasting an average annual household income of ±$98,014

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  Daytime population exceeds ±230,470 within 5-miles, including Nellis Air Force Base (±12,000 military and civilian personnel) and the Aliante Casino (±200 employees)