Circle K
Retail | 5.30% CAP | 5,200 SqFt
Marketing description
SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, corporate guaranteed, Circle K investment property located in Dardenne Prairie, Missouri (St. Louis MSA). The tenant recently signed a brand new 15 year lease with 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Circle K is a global leader in the convenience and mobility sector, operated by Alimentation Couche-Tard (TSX: ATD), which maintains a global footprint of approximately 17,300 stores across 29 countries. The subject property features a modern prototype design with six fuel pumps and twelve fueling stations.
Investment highlights
Brand New 15-Year Lease | 2025 Construction | Corporate Guaranty
Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Signalized, Hard Corner Intersection | Prairie Encore Development
Strong Demographics In 5-Mile Radius | Affluent St. Louis Suburb
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