Listed by Colliers - Nashville, Tennessee
$3,125,000
Circle K | Hendersonville, TN
Details
Property Type Retail
Sub Type Gas Station
Square Footage 5,154
Cap Rate 5.30%
Occupancy 100%
Tenancy Single
Brand/Tenant Circle K
Lease Type NNN
Lease Expiration 01/31/2031
Remaining Term 4.5
Rent Bumps Yes
Lease Options Five (5) Five-Year Renewal Options
Price per SqFt $606
Buildings 1
Acreage 1.630
Lease Commencement 12/01/1980
Ground Lease Yes
New Listing: Circle K Ground Lease - Nashville MSA
Marketing description
Colliers is the exclusive sale advisor for a Circle K convenience store ground lease in Hendersonville, TN. The NNN leased property has a 45-year operating history and is corporately backed by Alimentation Couche-Tard, Inc with its BBB+ rating from S&P. The property is strategically located near the intersection of Vietnam Veterans Blvd and Center Point Road which boast over 80,000 vehicles per day. Hendersonville is a premier Nashville submarket with high population growth and upper household income levels.
Listing Contacts
Listed by Colliers - Nashville, Tennessee
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
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
