2493 S Church St
Murfreesboro, TN 37127
Circle K · Retail Property For Sale

Marcus & Millichap is pleased to offer for purchase a freestanding Circle K located in Murfreesboro, Tennessee (Nashville MSA). The subject property is situated on a 0.99 acre signalized hard corner with a 2,700 square foot retail building and four covered gas pumps. Since gas sales at this location are more than 50 percent of total sales, this property should qualify for 15 year accelerated depreciation. Tennessee is also a no income tax state. Please consult with your accountant for details. The asset is accompanied by an absolute NNN lease with Mac’s Convenience Stores LLC. The Midwest Division of Circle K operates under the name of Mac’s Convenience Stores LLC and took over operations of all Circle K stores in the State of Tennessee per letter sent to landlord in March of 2017. Circle K’s success in the convenience retailing industry spans more than 60 years. In 2003, Circle K was acquired by the global brand Alimentation Couche-Tard. Couche-Tard has a current market cap exceeding $37 billion with more than 12,000 stores represented in over 20 countries. Couche-Tard maintains a Moody’s investment grade credit rating of Baa2.