TSCG is pleased to present a brand new construction Circle K on an Absolute NNN Ground Lease in Robertsdale, Alabama. The 15-year primary term includes 5% rent increases every five years and six 5-year extension options, backed by Circle K Stores Inc., a subsidiary of investment-grade Alimentation Couche-Tard (TSX: ATD). The ~5,660 SF store sits on ~1.78 acres at a hard signalized corner with 26,700+ VPD on Hwy 59, the primary route for beach-bound traffic to Gulf Shores and Orange Beach. Located in one of the fastest-growing counties in the US, this is a rare opportunity to acquire a low rent, new-build asset in a high-growth Gulf Coast market.
BRAND NEW CIRCLE K | ABS NNN GL | LOW RENT & PRICE POINT
SIGNALIZED CORNER | GATEWAY TO ALABAMA GULF COAST & THE FLORIDA PANHANDLE
HIGH-PERFORMING NEIBHBOR TENANTS & TRAFFIC DRIVERS
MARKET & TOURISM DEMAND DRIVERS