Corporate-Backed Stability on Route 302: Secure Your Portfolio with Circle K.

Corporate-Backed Stability on Route 302: Secure Your Portfolio with Circle K.

* Existing Lease: Modified NNN 10-year lease with additional three (5-year) options to extend, bumps of 5% for each extension. Approximately 2.5 years left on the first 5-year extension. Future options remaining - two 5-year extensions, each triggered by a 5% rent increase. * Store just went through an extensive remodel - along with new new UST's in 2024. * Investment grade tenant (S&P: BBB), nationally recognized, and an established convenience store and gas brand with over 14,200+ locations worldwide. * Perfectly situated on high-traffic Route 302 in Raymond, Maine. This premier location sits in the heart of the vibrant Sebago Lake Region. It offers excellent regional connectivity, with close proximity to Portland, South Portland, Biddeford, Saco, and Freeport. The property capitalizes on steady year-round traffic, drawing from both local residents and the region's thriving summer and winter tourism industries.