Log In/Sign Up
Your email has been sent.
Circle K | New 15yr Abs NNN Grd Lse 3400 Jackson Rd 5,650 SF Retail Building McAllen, TX 78503 $2,600,000 ($460.18/SF) 5% Cap Rate
Investment Highlights
- New 15-Year Lease | Options To Extend | Scheduled Rental Increases | Opening March 2026
- Signalized, Hard Corner Intersection | Dense Retail Corridor
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In The Immediate Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Circle K investment property located in McAllen, Texas. The tenant, Circle K Stores, Inc recently signed a brand new 15-year lease with 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and 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 subsidiary of Alimentation Couche-Tard is a global leader in convenience and mobility, operating in 29 countries and territories, with close to 17,300 stores.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Building Size
5,650 SF
Year Built
2026
Construction Status
Under Construction
Price
$2,600,000
Price Per SF
$460.18
Cap Rate
5%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.87 AC
Zoning
C-3 - General Business
Amenities
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Circle K | New 15yr Abs NNN Grd Lse | 3400 Jackson Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.