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| Price $5,948,000 $6,000,000 | Built/Renov 2021 | Tenant Circle K |
| Cap Rate 5.75% 5.70% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,000
| Lease Start
02-01-2024
| #Units
200
|
| Price/SF $1,982.67 $2,000.00 | Expiration
01-31-2044
| Tenant Type Convenience/Gas |
| NOI $342,000 | R. Term 19.1 | Ownership Fee Simple |
| Rent/SF
$114.00
| Increases 10.0%/5/yrs | Pop 5Mi 164,784 |
| Lot/AC 1.35 | Options 4/5yrs/5% | AHHI 5Mi $117,430 |
| | |
Circle K is strategically located in Suwanee, GA on the hard corner location at the 4-way signalized intersection of Satellite Blvd NW and McGinnis Ferry Rd which sees over 58,900 vehicles passing per day. The property is not far from national retailer's Walmart Supercenter and Lowes Home improvement. Suwanee is part of the desirable Atlanta MSA location in one of the fastest-growing counties...
...New construction
Signalized intersection
High traffic 50M+ VPD
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Long 20+ yr lease
Absolute NNN
Traded and rated company
100+ unit franchisee backed
Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,814 | 67,281 | 201,003 |
| 2023 Total Population : | 3,592 | 64,501 | 191,592 |
| 2023 Employed Civilian Pop : | 1,922 | 34,649 | 100,016 |
| 2023 Total Businesses : | 468 | 3,081 | 6,450 |
| 2023 Average Household Income : | $ 133,993 | $ 139,043 | $ 131,912 |
| 2023 Total Consumer Spending : | $ 126 M | $ 2580 M | $ 7336 M |
| 2023 Median Age : | 39 | 38 | 37 |
| 2023 Total Households : | 1,119 | 22,053 | 65,572 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,059 | 16,430 | 45,712 |
| 2023 Average Home Value : | $ 510,197 | $ 396,852 | $ 411,496 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Burnette Rd | Northolt Pkwy | 2013 | 19,454 | 0.28 mi |
| Satellite Blvd NW | Annandale Ln | 2014 | 20,827 | 0.43 mi |
| McGinnis Ferry Rd | Lake McGinnis Dr | 2013 | 26,356 | 0.53 mi |
| Lawrenceville Suwanee Rd NW | Redbridge Ave | 2000 | 45,529 | 0.81 mi |
| Satellite Blvd | Shawnee Industrial Way | 2000 | 42,043 | 0.81 mi |
| Lawrenceville Suwanee Rd NW | Northolt Pkwy | 2015 | 35,100 | 0.82 mi |
| Lawrenceville Suwanee Road Northwest | Redbridge Ave | 2018 | 38,200 | 0.82 mi |
| Lawrenceville Suwanee Road Northwest | Satellite Blvd NW | 2021 | 38,400 | 0.82 mi |
| Lawrenceville Suwanee Road Northwest | Redbridge Ave | 2019 | 38,500 | 0.82 mi |
| Lawrenceville Suwanee Rd NW | Northolt Pkwy | 2013 | 34,690 | 0.86 mi |
Minneapolis, MN
Cap Rate 6.40%
Lease Abs NNN
R. Term 4.40 yrs
Size/SF 38,297
Visalia, CA
Cap Rate 6.00%
Lease Abs NNN
R. Term 16.10 yrs
Size/SF 3,204
Orangeburg, SC
Cap Rate 5.50%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 4,050
Long Beach, CA
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 3,010
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
