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Circle K 1220 Ar-35 3,060 SF Retail Building Benton, AR 72019 $4,032,677 ($1,317.87/SF) 6.20% Cap Rate



INVESTMENT HIGHLIGHTS
- Positioned within the Little Rock MSA – Ranked #80
- Long-term lease - over 14 years remain
- Immediate access to Interstate 30 (87,000 VPD)
- Absolute NNN – No landlord responsibilities
- Guaranty from Gas Express - the largest Circle K franchisee with more than 70 locations
- Average household income within five miles exceeds $94,000
EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Circle K Property located in Benton, Arkansas which is within the Little Rock MSA. Circle K has been successfully operating here since construction was completed in 2020. The property features a long-term lease through June 2040. The lease is absolute triple net presenting no landlord responsibilities and is secured by a guaranty from the largest Circle K franchisee, Gas Express, LLC. The lease contains 10% rental escalations every ?ve years throughout the primary term and four 5-year renewal options. Additionally, as a fuel station, this asset may qualify for 100% bonus depreciation - buyers should consult with their tax professional.
The 3,060 square-foot building is situated along Arkansas Highway 35, which sees approximately 25,000 vehicles per day, and bene?ts from immediate access to Interstate 30 (87,000 VPD). The property is located directly across Interstate 30 from Saline Memorial Hospital, a 177-bed acute care facility, and is just minutes from Benton High School, which enrolls more than 1,300 students. The surrounding trade area features a strong concentration of nationally recognized retailers, including The Home Depot, Walmart Supercenter, Kroger, Tractor Supply Company, and Cinemark, among others. Additionally, the property draws from a population of more than 48,000 residents within a ?ve-mile radius, with an average household income exceeding $94,000.
Circle K is a global convenience store and fuel retail company founded in 1951 in El Paso, Texas, and today operates as a subsidiary of Canadian multinational Alimentation Couche-Tard, with its headquarters in Tempe, Arizona. Known for offering fuel, snacks, beverages, prepared foods, and everyday convenience items, the brand has grown into one of the largest convenience retail chains worldwide. As of early 2026, Circle K’s global footprint spans approximately 16,700 stores across roughly 29 countries and territories, including 7,300 locations in the United States, making it a major player in the convenience store and mobility services sector.
The 3,060 square-foot building is situated along Arkansas Highway 35, which sees approximately 25,000 vehicles per day, and bene?ts from immediate access to Interstate 30 (87,000 VPD). The property is located directly across Interstate 30 from Saline Memorial Hospital, a 177-bed acute care facility, and is just minutes from Benton High School, which enrolls more than 1,300 students. The surrounding trade area features a strong concentration of nationally recognized retailers, including The Home Depot, Walmart Supercenter, Kroger, Tractor Supply Company, and Cinemark, among others. Additionally, the property draws from a population of more than 48,000 residents within a ?ve-mile radius, with an average household income exceeding $94,000.
Circle K is a global convenience store and fuel retail company founded in 1951 in El Paso, Texas, and today operates as a subsidiary of Canadian multinational Alimentation Couche-Tard, with its headquarters in Tempe, Arizona. Known for offering fuel, snacks, beverages, prepared foods, and everyday convenience items, the brand has grown into one of the largest convenience retail chains worldwide. As of early 2026, Circle K’s global footprint spans approximately 16,700 stores across roughly 29 countries and territories, including 7,300 locations in the United States, making it a major player in the convenience store and mobility services sector.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,060 SF
Building Class
B
Year Built
2020
Price
$4,032,677
Price Per SF
$1,317.87
Cap Rate
6.20%
NOI
$250,026
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.91 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- Jun 2040
Circle K is an international convenience store chain founded in 1951 in El Paso, Texas by Fred Hervey. The company operates retail outlets offering convenience goods, fuel, and quick-service food across North America, Europe, Asia, and the Middle East.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Retailer | - | - | Jun 2040 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 805-15815-002 | Improvements Assessment | $116,560 |
| Land Assessment | $120,000 | Total Assessment | $236,560 |
PROPERTY TAXES
Parcel Number
805-15815-002
Land Assessment
$120,000
Improvements Assessment
$116,560
Total Assessment
$236,560
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Circle K | 1220 Ar-35
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