501 N Main St
Sharpsburg, PA 15215
Retail Property For Sale

Franklin Street is pleased to present this Corporate Circle K investment property located in a Pittsburg suburb in Sharpsburg, PA. This Convenience Store Only & 24hr Operation Store is well located on a main street hard corner in the dense metro retail and residential neighborhood that is in the north east quadrant of Pittsburgh just across the Allegheny River from the Pittsburgh Zoo. It has been an established fixture in the community operating for over 38 years since opening in 1981. Circle K based in Tempe, AZ is owned and operated by Alimentation Couche-Tard Inc. (Couche-Tard). Couche-Tard based in Laval, Canada outside of Montreal is the largest independent convenience store operator in terms of number of company-operated stores in the United States. It is also 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, China, and Indonesia. Couche-Tard has a current market cap of over $42.2 billion, revenue of $58.9 billion, gross profit of $8.1 billion and is Standard & Poor’s rated BBB & Moody’s rated Baa2, (Investment Grade) and is Traded on the Toronto Stock Exchange under (TSX:ATD.A) & (TSX:ATD.B) The lease remaining is a 7.9 year NNN lease and is in the 5th and 6th renewal option. Priced at only $1,050,000, this could be a great million-dollar corporate asset with a higher return and potential for future upside!