Circle K - Millbrook, AL_Propiedad en venta

2261 Cobbs Ford Rd, Millbrook, AL, 36054-4214, US

Circle K - Millbrook, AL

Descripción

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the Circle K located at 2261 Cobbs Ford Road, Millbrook, Alabama ("Property" or "Asset"). Circle K currently operates under an investment-grade, corporate-backed 20-year absolute NNN ground lease with 11.7 years remaining on the term. The lease features attractive 10% rent increases every 5 years and includes six 5-year renewal options, and zero landlord responsibilities.

AL Broker of Record: Buff Teague – AL License: AL-83353-0

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Atributos

Precio de venta

2.752.000 €

Tasa de capitalización

5,5 %

NOI

152.000 €

WAULT

11.7 años

Superficie bruta construida

279 m²

Superficie bruta del terreno

0,71 ha

Media

Aspectos destacados de la inversión

Operating on an absolute NNN lease with ±12 years of lease term remaining
Near-term 10% rental escalation in January 2027 resulting in a 55bps cap rate improvement
Investment grade (BBB+) tenancy with global scale of 14,000+ locations
Nearby top Alabama shopping centers such as the Prattville Town Center (#1 neighborhood center in the state)
Occupies a heavily trafficked intersection of I-65 and Cobbs Ford Rd, providing access to 52,000+ vehicles daily