Circle K
Retail | 5.00% CAP | 5,200 SqFt
Marketing description
Surmount is pleased to present the Offering Memorandum for a Circle K located at 12455 Saint Charles Rock Road, Bridgeton, MO, 63044. The site consists of roughly 1,000 rentable square feet of building space on an estimated 1.67-acre parcel of land. This Circle K is subject to a 15-year Triple Net (NNN) lease, which commenced 11/1/2025. The current annual rent is $178,000 and has scheduled increases of 6.00% every 5 years.
Investment highlights
15-Year Absolute NNN Corporately Guaranteed Ground Lease | This offering features a long-term, corporately guaranteed absolute NNN ground lease with Circle K. Circle K is one of the most established convenience store operators in the world, with more than 14,200 locations across the globe. The strength of the corporate guarantee and the passive lease structure provide investors with durable, predictable cash flow.
Exceptional Real Estate & Demographic Fundamentals | The property benefits from a highly desirable location within the St. Louis MSA, one of the largest metropolitan areas in the Midwest. The surrounding area is supported by strong population density, with over 618,000 residents within ten miles, providing an extensive consumer base and sustained demand for daily-needs retail such as fuel and food.
Brand New 2025 Construction | Delivery is scheduled for December 2025, offering future ownership the advantages of brand-new construction and a fully modernized retail prototype. Investors gain a maintenance-free investment with no deferred capital needs, supported by the operational strength and long-term commitment of a national credit tenant.
Prime Positioning Along a High-Traffic Retail Corridor | The site is strategically located on Saint Charles Rock Road, a well-established commercial corridor that sees 25,000+ vehicles per day. The property is surrounded by a strong lineup of national retailers, including Chick-fil-A, Five Guys, Best Buy, and others, creating a steady draw of daily consumers to the immediate area and reinforcing the sites long-term viability.
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