Listed by Newmark | Orange County - Irvine, Newmark - Roseville
$3,200,000
Circle K - Greensboro, NC
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,962
Cap Rate 5%
NOI $160,000
Occupancy 100%
Tenancy Single
Brand/Tenant Circle K
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 12/31/2040
Remaining Term 14.5
Rent Bumps Yes
Lease Options 6 (5-Year)
Price per SqFt $808
Class A
Year Built 2025
Acreage 1.370
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/27/2025
Ground Lease Yes
Ownership Leased Fee (Land Only)
Brand New Construction | 15-Year Lease | Circle K - Greensboro, NC
Investment highlights
Brand New Construction
New 15-Year Ground Lease
Absolute NNN Ground Lease
5.00% Rental Increases every 5 Years
Corporate Guarantee (Circle K)
6 (5-Year) Options
Listing Contacts
Listed by Newmark | Orange County - Irvine, Newmark - Roseville
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$160,000.00
$13,333.33/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
