2640 Dawsonville Hwy
Gainesville, GA 30506
Circle K (Atlanta MSA) · Retail Property For Sale

Circle K consists of 2,800 rentable square feet located at 2640 Dawsonville Highway, Gainesville, GA. Tenant originally executed its lease on May 1, 1997 and has been in the same location ever since. Currently Circle K is in their second renewal options with four years remaining. Lease offers CPI rent increases every five-year renewal period with a 20 percent CAP and has two, five-year renewal options remaining. Circle K is an international chain of convenience stores, founded in 1951 in El Paso, Texas. It is owned and operated by the Canadian-based Alimentation Couche-Tard. Alimentation Couche-Tard or simply Couche-Tard, is one of the largest company-owned convenience store operators in the world with more than 16,000 stores across Canada, the United States, Europe, Mexico, Japan, and Indonesia. The City of Gainesville, county seat of Hall County, is located in Northeast Georgia, approximately 50 miles northeast of Atlanta and 100 miles southwest of Greenville, South Carolina. Gainesville is the largest city in Hall County with a population of more than 35,000. As the business hub for Northeast Georgia, Gainesville’s daytime population is estimated in excess of 100,000. The City of Gainesville remains financially sound operating on a fiscal year budget. In cooperation with the Greater Hall Chamber of Commerce and other community organizations, the City actively recruits new industry to the area while working with existing industry to encourage expansion, growth, and diversification. The assessed value of taxable property in Gainesville as of January 2017 was $5.8 billion. That's a 8.25 percent increase from the previous year.