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AL-59 & County Rd 54Robertsdale, AL 36567
Circle K
Asset ClassRetail
Low rent Abs NNN Ground Lease w/ Circle K at gateway to the Alabama Gulf Coast
overview of deal

Overview

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.

Investment Highlights

BRAND NEW CIRCLE K | ABS NNN GL | LOW RENT & PRICE POINT

  • Absolute NNN Ground Lease backed by Circle K Stores Inc., a wholly owned subsidiary of Alimentation Couche-Tard Inc.
  • (TSX: ATD), a publicly traded, investment-grade corporation and one of the world’s leading convenience and mobility retailers.
  • Alimentation Couche-Tard operates ~17,200+ locations across
  • 27 countries and territories, including more than 7,300 Circle K stores across 48 states, representing one of the most geographically diversified convenience retail footprints in the country.
  • 15-year Primary Term with rent increases of 5% every five years throughout the Primary Term and all Extension Terms.
  • Upon opening, this Circle K location will expand its presence at one of Robertsdale’s highest-visibility intersections, with a combined VPD of ~26,831.

SIGNALIZED CORNER | GATEWAY TO ALABAMA GULF COAST & THE FLORIDA PANHANDLE

  • Signalized Corner Location: Southwest corner of the intersection of Hwy 59 (Gulf Shores Parkway) and County Road 54 (VPD 4,285), offering dual-road frontage, maximum ingress/egress options, and outstanding signage visibility along one of Baldwin County’s most heavily traveled north-south corridors.
  • Primary Coastal Gateway: SR 59 (VPD 22,546) serves as the primary route connecting Loxley (4 miles), Robertsdale (1 mile), and Foley (11 miles) to Alabama’s Gulf Coast beaches in Gulf Shores (20 miles) and Orange Beach (22 miles).
  • Interstate Connectivity: Direct access to I-10 ~5 miles north via SR 59, placing the subject property squarely in the path of beach-bound traffic from across the Gulf South region.
  • Exceptional Regional Traffic Demand: The Baldwin Beach Express, a four-lane road connecting I-10 to Foley, was built specifically to relieve overflow from the SR 59 corridor, confirming the depth and sustained volume of traffic demand in this trade area.

HIGH-PERFORMING NEIBHBOR TENANTS & TRAFFIC DRIVERS

  • Planned Commercial Development: This Circle K location is part of a 7.026 AC commercial development, with additional retail parcels to be developed on the remaining lots.
  • Established Retail Corridor: Hwy 59 in Robertsdale supports a dense mix of fast food, automotive services, banking, and grocery uses, with operators including McDonald’s, Burger King, Wendy’s, Zaxby’s, AutoZone, O’Reilly Auto Parts, Regions Bank, and Greer’s.
  • Walmart Supercenter Proximity: A Walmart Supercenter anchors the same Hwy 59 corridor within minutes of the subject property, generating the high-frequency daily repeat traffic that directly benefits adjacent fuel and convenience operators.

MARKET & TOURISM DEMAND DRIVERS

  • Hwy 59 is the primary access route for millions of beach-bound visitors traveling to Gulf Shores, Orange Beach, Gulf State Park, and Alabama’s 32 miles of white-sand beaches, with additional traffic surges driven by marquee events including the National Shrimp Festival and the Hangout Music Festival.
  • Baldwin County ranks among the 10 fastest-growing metropolitan areas in the country, with Robertsdale expanding at approximately 2.76% annually and recording a 19.2% population increase since the 2020 census, providing a strong and growing permanent demand base beneath the region’s tourism economy.
  • Robertsdale is within an hour’s drive of Mobile, AL, and Pensacola, FL, making it a gateway to the Florida Panhandle and Alabama Gulf Coast and a central point between two major MSAs
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AL-59 & County Rd 54Robertsdale, AL 36567

Sales Team

Justin LatoneSVP, Investment Sales

License #: GA 329650

(470) 668-2720justin.latone@tscg.com

Inquire

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