Property Highlights
- Corporate Guaranty – Circle K has become one of the most widely recognized convenience
store brands in the world (S&P: BBB Stable) - Passive Income – Absolute NNN Lease
- Long-Term & Successful Operating History- Circle K has been at this location since 1999
and recently extended their lease, showcasing their commitment and success at this
location - Located on Signalized Hard Corner – With excellent signage on the corner of the parcel,
2 points of ingress/egress: Tryon Road ( 33,500 VPD ) and Gorman Street ( 20,000
VPD) - First Gas Station off of I-40 Exit 295 – With signage on I-40 (143,000 VPD) | 0.2 miles from
Exit 295 helping drive significant patron volume to the property - Large Parcel – 1.82 acre parcel with room for expansion
- Large Fueling Station- 6 MPD’s | 12 fueling slots
- Built in Customer Base- Directly adjacent to the large residential development of the
Cottages at Cumberland Pond and The Crossings at Tryon - Top Real Estate Market in the Country- Urban Land Instiute ranked the Raleigh/
Durham area as the top overall Real Estate Prospect for 2021 - Potential Tax Advantage- Allows for Accelerated Depreciation or Bonus Depreciation
- Dense, Affluent, & Growing Demographics- 3 mile population of over 69,000 | 5-mile
Average Household Income of over $93,000 | Over 1.5% positive population growth
projected within a 1-mile radius