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Circle K | New 15yr Corp Abs NNN Grd Lse 1571 Bryan Rd 8,200 SF Retail Building Dardenne Prairie, MO 63366 $3,283,000 ($400.37/SF) 5.30% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | 2025 Construction | Corporate Guaranty
- Signalized, Hard Corner Intersection | Prairie Encore Development
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Radius | Affluent St. Louis Suburb
Executive Summary
SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, corporate guaranteed, Circle K investment property located in Dardenne Prairie, Missouri (St. Louis MSA). The tenant recently signed a brand new 15 year lease with 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Circle K is a global leader in the convenience and mobility sector, operated by Alimentation Couche-Tard (TSX: ATD), which maintains a global footprint of approximately 17,300 stores across 29 countries. The subject property features a modern prototype design with six fuel pumps and twelve fueling stations.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
8,200 SF
Building Class
C
Year Built
2025
Price
$3,283,000
Price Per SF
$400.37
Cap Rate
5.30%
NOI
$174,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.72 AC
Zoning
C3 - PUD - Commercial
Parking
28 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
1,800’ on Bryan Road
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Circle K began in 1951 when Fred Hervey acquired three Kay's Food Stores in El Paso, Texas, and the brand has grown into a convenience retail chain with a broad North American and international presence. The company operates convenience stores and fuel sites, and the franchising program supports both new construction and conversions of existing locations. Circle K is part of Alimentation Couche-Tard, which uses the Circle K brand as a major convenience banner across multiple markets. The business serves everyday shopping needs through fuel, food and beverage, and other convenience offerings while maintaining a wide franchise-oriented retail model.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4-0033-D503-00-0004.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $102,476 |
Property Taxes
Parcel Number
4-0033-D503-00-0004.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$102,476
Contacts
-
Jake Prater -
Matthew Mousavi -
Patrick Luther -
Morgan Zant -
SRS National Net Lease
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