NNN Circle K Corp Lease

Retail-Commercial for Sale
Catylist Listing ID: 30807490
Property Subtypes: Convenience Store
Building Size (RSF): 3,566 SF
Gross Building Area: See Agent
Gross Land Area: 42,143 SF
Sale Price: $3,400,000
Unit Price: $953.45 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2022

Overview / Comments

Investment property NNN - Corporate Circle K lease. Investment grade tenant with over 14,800 convenience stores. Has 3 options to renew lease with 10% bumps with each option, just under 17 years worth of term. The property is located in the Sebago Lake Region and considered one of the primary destinations for summer and winter recreation in New England. Approximate driving distance to Portland is 20 miles and 130 miles to Boston, MA. Sebago Lake is Maine largest lake at 48sq miles

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: RYMD-000055-00000-000030
Zoning: C0ML
Lot Frontage: 200

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,885 13,737
Median Age: 42.86 42.51
Households: 2,422 5,628

Contact

Photograph of Listing Agent

Ed Herczeg

Bean Group Commercial Real Estate Brokerage
NECPE Member
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