5020 Little Debbie Pky
Ooltewah, TN 37363
Circle K | 20-Year Corporate Ground Lease · Retail Property For Sale

Marcus & Millichap is pleased to offer for purchase a Brand New Corporate Guaranteed, Circle K 20-year Ground Lease in Ooltewah, TN (Chattanooga MSA). The site rests on a 1.90 acre lot at the hard, signalized corner of Apison Pike (State Route 317) and Little Debbie Parkway. Features include 14 covered gas pumps, convenient ingress/egress, an approximately 2,500 sf retail building, vibrant lighting, and excellent visibility from the roadway. Circle K is Couche-Tard's largest and most international brand. It can be seen today serving the needs of customers in 14 countries around the world. Circle K is a convenience store and gasoline service station operator. For the past half century, customers have come to recognize the convenience and quality associated with the Circle K brand. What began in 1951 with the purchase of three Kay's Food Stores in El Paso, Texas has become one of the nation's largest convenience store chains. Couche-Tard is the leader in the Canadian convenience store industry In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores. Couche-Tard has a current market cap of over $37 billion and is Standard & Poor’s rated BBB, (Investment Grade) and is Traded on the Toronto Stock Exchange (TSX). Their network is comprised of 7,987 convenience stores throughout North America, including 6,556 stores offering road transportation fuel. Its North American network consists of 15 business units, including 11 in the United States covering 41 States and four in Canada covering all 10 provinces.