Circle K - Net Lease Property for Sale
Madison, IN
Key Investment Metrics
Price
$900,000
Cap Rate
5.6%
Net Operating Income
$50,400
Building Size
1500 SF
Lot Size
1,500 SF
Land Area
0.37 Acres
Remaining Term
2.9 years
Lease Expiration
06/01/2029
Lease Term
15 years
Lease Commencement
06/01/2014
Lease Type
Absolute NNN
Year Built
1975
Occupancy
100%
Tenancy
Single
About This Circle K Net Lease Property
This Circle K NNN (triple net lease) property is located in Madison, IN and represents an excellent investment opportunity for commercial real estate investors. The property features 1500 square feet of building space and was built in 1975.
With a cap rate of 5.6%, this Circle K net lease property offers stable income potential. The asking price is $900,000, 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.
Madison, IN Market Overview
Located in Madison, IN, this Circle K property benefits from strong local demographics and market fundamentals. The Madison area offers excellent visibility and accessibility, making it an ideal location for Circle K operations and a solid investment for net lease property buyers.