Circle K - Net Lease Property for Sale
Decherd, TN
Key Investment Metrics
Price
$3,752,381
Cap Rate
5.3%
Net Operating Income
$197,000
Building Size
5650 SF
Lot Size
5,650 SF
Land Area
4.18 Acres
Remaining Term
15 years
Lease Expiration
12/31/2040
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2026
Occupancy
100%
Tenancy
Single
Rent Increases
7% Every 5 Years
About This Circle K Net Lease Property
This Circle K NNN (triple net lease) property is located in Decherd, TN and represents an excellent investment opportunity for commercial real estate investors. The property features 5650 square feet of building space and was built in 2026.
With a cap rate of 5.3%, this Circle K net lease property offers stable income potential. The asking price is $3,752,381, making it an attractive option for 1031 exchange investors seeking quality Circle K commercial properties.
Why Invest in Circle K NNN Properties?
- Stable Income: Circle K net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Circle K is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Decherd, TN Market Overview
Located in Decherd, TN, this Circle K property benefits from strong local demographics and market fundamentals. The Decherd area offers excellent visibility and accessibility, making it an ideal location for Circle K operations and a solid investment for net lease property buyers.