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Circle K | Abs NNN 6629 Jonesboro Rd 4,275 SF Retail Building Morrow, GA 30260 $9,069,750 CAD ($2,121.58 CAD/SF) 5.60% Cap Rate



Investment Highlights
- 18+ Years Remaining | Options To Extend | Top-Performing Store | 1.5% Annual Rental Increases | Strong Franchisee Guaranty
- Signalized Hard Corner Intersection | Just Off I-75 (174,000 VPD)
- Strong Demographics In 5-Mile Trade Area
- Absolute NNN | Zero Landlord Responsibilities
- Prime Retail Node | Proximity To Major Retail Destinations
Executive Summary
SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in an Absolute NNN leased Circle K investment property. The asset features over 18 years of remaining primary term with four (5-year) renewal options, providing long-term income stability. The lease includes 1.5% annual rental increases throughout the primary term and option periods, supporting steady NOI growth and offering a hedge against inflation. The store ranks in the 84th percentile nationally and 94th percentile in Georgia among comparable Circle K locations, according to Placer.ai. The lease is backed by a guaranty from Gas Express LLC, the largest Circle K franchisee in the United States with more than 190 units. The lease structure is Absolute NNN with zero landlord responsibilities, making it an ideal management-free investment for an out-of-state investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,275 SF
Building Class
B
Year Built
2018
Price
$9,069,750 CAD
Price Per SF
$2,121.58 CAD
Cap Rate
5.60%
NOI
$507,906 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.90 AC
Zoning
BG - General Business District
Parking
8 Spaces (1.87 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Wheelchair Accessible
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-0112A-00A-028 | Improvements Assessment | $702,021 CAD |
| Land Assessment | $217,683 CAD | Total Assessment | $919,703 CAD |
Property Taxes
Parcel Number
12-0112A-00A-028
Land Assessment
$217,683 CAD
Improvements Assessment
$702,021 CAD
Total Assessment
$919,703 CAD
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Circle K | Abs NNN | 6629 Jonesboro Rd
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