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| Price $2,139,000 | Built/Renov 1998 | Tenant Circle K |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
6,129
| Lease Start
07-01-2005
| #Units
16,700
|
| Price/SF $349.00 | Expiration
06-30-2031
| Tenant Type Convenience/Gas |
| NOI $128,267 | R. Term 6.7 | Ownership Fee Simple |
| Rent/SF
$20.93
| Increases 7.5%/1/yrs | Pop 5Mi 4,379 |
| Lot/AC 1.40 | Options 3/5yrs/7.5% | AHHI 5Mi $63,297 |
| | |
Circle K is strategically located at the signalized, hard corner intersection of W Jourdan Street and S Van Buren Street, with access to a combined daily traffic count of 15,250 vehicles. The surrounding area features well-known national tenants including CVS Pharmacy, Subway, Hardee's, NAPA, Dairy Queen, and more. Newton Elementary School is located 0.6 miles away, while Newton High School is...
...Hard corner intersection
Build to suit
In location for years
Dense retail corridor
Near major nationals
Long operation history
Absolute NNN
Accelerated depreciation
Traded and rated company
Investment grade tenant
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....
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,516 | 3,550 | 4,158 |
| 2023 Total Population : | 2,550 | 3,598 | 4,221 |
| 2023 Employed Civilian Pop : | 1,216 | 1,738 | 2,056 |
| 2023 Total Businesses : | 214 | 260 | 270 |
| 2023 Average Household Income : | $ 65,328 | $ 68,496 | $ 71,501 |
| 2023 Total Consumer Spending : | $ 67 M | $ 95 M | $ 115 M |
| 2023 Median Age : | 43 | 43 | 44 |
| 2023 Total Households : | 1,161 | 1,563 | 1,822 |
| 2023 Pop Age 25+: Bachelor's Degree : | 229 | 338 | 395 |
| 2023 Average Home Value : | $ 111,155 | $ 127,758 | $ 136,771 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Jourdan St | S Lafayette St | 2005 | 9,400 | 0.04 mi |
| E Jourdan St | N 1st Ave | 2005 | 7,900 | 0.05 mi |
| IL 130 | N Van Buren St | 2021 | 6,750 | 0.08 mi |
| W Jourdan St | S Lafayette St | 2005 | 9,400 | 0.09 mi |
| S Van Buren St | W Washington St | 2005 | 9,300 | 0.12 mi |
| W Jourdan St | S Lafayette St | 2005 | 9,400 | 0.15 mi |
| S Van Buren St | E Decatur St | 2005 | 9,300 | 0.17 mi |
| E Jourdan St | N 1st Ave | 2005 | 7,900 | 0.17 mi |
| IL 33 | 2021 | 8,500 | 0.20 mi | |
| IL 130 | E Decatur St | 2021 | 7,450 | 0.20 mi |
Brownsville, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 2,824
Saint John, IN
Cap Rate 7.00%
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R. Term 15.70 yrs
Size/SF 4,925
Columbus, NC
Cap Rate 6.00%
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R. Term 12.50 yrs
Size/SF 5,223
Vista, CA
Cap Rate 5.24%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 1,055
Mansfield, MA
Cap Rate 5.24%
Lease Abs NNN
R. Term 16.11 yrs
Size/SF 480
Utica, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.80 yrs
Size/SF 2,053
Mundelein, IL
Cap Rate 5.35%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 4,400
Burr Ridge, IL
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 5,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
