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Circle K Corp. Absolute Net 1800 6th St 5,196 SF 100% Leased Retail Building Umatilla, OR 97882 $3,240,000 ($623.56/SF) 5% Cap Rate



Investment Highlights
- • 100% Passive Absolute Net Leased Investment
- • 16 Year Guaranteed Base Lease Term Remaining
- • Port of Entry and Weigh Station for Oregon / Washington Border
- • Zero Landlord Obligations
- • Very High-Volume Consistent Fuel and C-Store Demand
- • Primary East-West Corridor Connecting OR, WA, ID, MT
Executive Summary
Linc Properties is pleased to present the exclusive opportunity to acquire a high-volume Circle K fuel and convenience center including a Subway located at the strategic hub of an essential regional transportation corridor for Washington, Oregon, Idaho and Montana. The investment is secured by an Absolute Triple-Net (NNN) lease with zero landlord responsibilities, backed by a 16-year guaranteed base term. The lease is reinforced by two strong overlapping corporate guarantees from both Circle K Corporation, one of the world’s leading convenience retail brands, and Evergreen Energy LLC, a proven fuel operator with a growing regional presence. The site is directly across from Oregon’s Port of Entry and weigh station, a mandatory stop for all commercial truck traffic entering from Washington, generating a consistent, built-in stream of fuel demand. The interchange experiences over 12,000 vehicles per day, including a significant volume of commercial freight and agricultural transport moving between key regional markets. This offering represents a rare opportunity to acquire a mission-critical fueling infrastructure asset with strong tenant credit, passive income structure, and exceptional long-term stability in a high-traffic logistics corridor.
• 100% Passive Absolute Net Leased Investment
• Zero Landlord Obligations
• 16 Year Guaranteed Base Lease Term Remaining
• Very High-Volume Consistent Fuel and C-Store Demand
• Dual Guarantors Circle K Corp. and Evergreen Energy Group LLC
• Port of Entry and Weigh Station for Oregon / Washington Border
• Primary East-West Corridor Connecting OR, WA, ID, MT
• CPI to 10% Rent Increases Every 5 Years
• Servicing Mission Critical Travel Corridor Location
• May Qualify For Accelerated Depreciation
• 100% Passive Absolute Net Leased Investment
• Zero Landlord Obligations
• 16 Year Guaranteed Base Lease Term Remaining
• Very High-Volume Consistent Fuel and C-Store Demand
• Dual Guarantors Circle K Corp. and Evergreen Energy Group LLC
• Port of Entry and Weigh Station for Oregon / Washington Border
• Primary East-West Corridor Connecting OR, WA, ID, MT
• CPI to 10% Rent Increases Every 5 Years
• Servicing Mission Critical Travel Corridor Location
• May Qualify For Accelerated Depreciation
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,196 SF
Building Class
C
Year Built
1985
Price
$3,240,000
Price Per SF
$623.56
Cap Rate
5%
NOI
$162,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
1.94 AC
Zoning
M-1
Parking
10 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
460’ on 6th St
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Circle K
- Retailer
- -
- -
- Triple Net
- Sep 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Circle K | Retailer | - | - | Triple Net | Sep 2041 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 125716 | Improvements Assessment | $1,024,990 |
| Land Assessment | $212,850 | Total Assessment | $1,237,840 |
Property Taxes
Parcel Number
125716
Land Assessment
$212,850
Improvements Assessment
$1,024,990
Total Assessment
$1,237,840
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Linc Properties
Circle K Corp. Absolute Net | 1800 6th St
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