Historical Retail Sale Listing - Circle K

Retail For Sale

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Circle K

4080 Jonathan Moore Pike, Columbus, IN 47202

N/A

4,000 SF | Retail

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Circle K looking SouthWest

Retail Property - Off Market

Price:
N/A
Building Size:
4,000 SF
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
2%
Cap Rate:
7%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2008
Lot Size:
1.20 AC
Listing ID
16381107
Last Updated
over 1 year ago

Highlights

  • Rent: Yearly Primary Term
  • Jan, 1, 2009-Dec. 31, 2013 $172,241
  • Jan, 1, 2014-Dec . 31, 2018 $180,853
  • Jan. 1, 2019-Dec. 31, 2023 $189,896
  • Jan. 1, 2024-Dec. 31, 2028 $199,390
  • Five five year Extention Term Optione

Description

Net leased Circle K convience store with 8 gasoline dispensers.
This is a new Circle K on a new site. Twenty year lease with four 5-year renewals. The rent is increased every five years.
Properties that sell gasoline and meet requirements are allowed special depreciation on the improvements .

This property is well located near the intersection of Interstate 65 and Indiana Highway 46.
This is a high traffic area with a Menards, Walmart, and Sams Club behind this property . There is a Starbucks across the street to the east, and a Holiday Inn across the street to the north

Map of 4080 Jonathan Moore Pike, Columbus, IN 47202 (Bartholomew County)

Research for 4080 Jonathan Moore Pike, Columbus, IN 47202 (Bartholomew County)

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