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Circle K 301 N Meridian St 1,760 SF Retail Building Pittsboro, IN 46167 $1,136,563 ($645.77/SF)
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease: The asset is subject to an absolute triple-net lease, with the tenant responsible for all property expenses, including maintenance
- National Brand Strength: Circle K is a top-tier convenience store operator, ranking second nationally with approximately 15,000+ locations
- Demographic Growth Supporting Retail Demand: Pittsboro has experienced consistent population growth, supported by a strong median household income
- Established Operating History: Circle K has successfully operated at this location since 2010, demonstrating long-term operational stability
- Minimal Local Competition: The site enjoys limited direct competition from nearby fuel stations or convenience stores, solidifying its position
- Strategic Location within the Indianapolis Metroplex: Located in Hendricks County, Pittsboro benefits from its strategic position
EXECUTIVE SUMMARY
Kyle Matthews
License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
- -
- -
- -
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.
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- Mining, Quarrying, and Oil and Gas Extraction
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- -
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Shell is an international energy company with expertise in the exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals. They use advanced technologies and take an innovative approach to help build a sustainable energy future. They invest in power, including from renewable sources such as wind and solar. They also invest in electric vehicle charging and low-carbon fuels for transport, such as advanced biofuels and hydrogen
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Retailer | - | - | - | ||
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Mining, Quarrying, and Oil and Gas Extraction | - | - | - |
PROPERTY TAXES
| Parcel Number | 32-02-31-355-012.000-019 | Improvements Assessment | $97,100 |
| Land Assessment | $30,000 | Total Assessment | $127,100 |
PROPERTY TAXES
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Circle K | 301 N Meridian St
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