Circle K, Absolute NNN, Corporate Lease
Circle K, Whittier, CA
Marketing description
Leased to Circle K Stores, Inc ( a subsidiary of Alimentation Couche-Tard, one of the largest convenience store chains in North Amercia with 17,000 stores worldwide in 26 countries
50 years historical occupancy of convenience store at this location
Exceptionally high reported store sales
Sells hard liquores. open 24 hours a day
Absolute NNN lease with no landlord responsibilities - perfect for out-of-town investor looking to management-free investment. Ideal 1031 exchange property
Conveniently located at 4-way signalized hard corner
10% rent increase at start of each option (3/1/2029 & 3/1/2034)
Investment highlights
Single tenant liquor store, Circle K
Corporate lease (tenant: Circle K Stores, Inc)
Absolute NNN lease with zero landlord responsibilities
Exceptionally high reported store sales
4-way signalized hard corner
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