Circle K - Millbrook, AL
2261 Cobbs Ford Rd, Millbrook, AL, 36054-4214, US
€ 2.744.000 | 279 vierkante meter
Beschrijving
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the Circle K located at 9250 Atlanta Highway (“Property” or “Asset”). Circle K currently operates under an investment-grade, corporate-backed 20-year absolute NNN ground lease with ±11.0 years remaining on the term. The lease features attractive 10% rent increases every 5 years and includes six 5-year renewal options, ensuring long-term tenancy potential. Notably, the lease stipulates zero landlord responsibilities, eliminating management obligations for the property owner.
AL Broker of Record: Buff Teague – AL License: AL-83353-0
...
Kenmerken
Vraagprijs
€ 2.158.000
Cap rate
6%
NOI
€ 130.000
WAULT
11 jaren
Netto gebouwoppervlakte
139 vierkante meter
Bruto landoppervlakte
0,51 ha
Media
Investeringskenmerken
- Operating on an absolute NNN lease with ±11.0 years of lease term remaining
- Investment grade (BBB+) tenancy with global scale of 14,000+ locations
- Near-term 10% rental escalation in January 2027 resulting in a 60bps cap rate improvement
- Prime I-85 frontage with access to 52,000 vehicles per day
- Strong market demand stemming from proximity to Alabama's 5th most visited shopping center (3.4M annual visits) and a robust $120K AHHI within a 3-mile radius
Contact adviseurs
Circle K - Montgomery, AL (Atlanta Hwy) (0 Eigendommen)
JLL kan u helpen bij de financiering en het beheer van uw portefeuille. E-mail ons vandaag nog om te zien hoe we u kunnen helpen uw ambities te realiseren.
Laatst bijgewerkt
17 nov 2025
