6649 W Thomas Rd
Phoenix, AZ 85033
Circle K · Retail Property For Sale

Recent Lease Extension: Circle K recently agreed to a 10-year lease extension speaking to the strength of location Strong Performing Location: Circle K reported sales of $1,972,500 in 2016 (healthy 2.54% rent-to-sales ratio) Corporate Guaranteed Lease (Circle K Convenience Stores, Inc.) Investment Grade S&P BBB credit rating Absolute NNN Lease: No landlord maintenance responsibilities offering an investor passive cash flow Established Location: Circle K has successfully operated out of this location for over 30 years Signalized Hard Corner: An estimated 73,400 cars per day at the intersection of Thomas Road and 67th Avenue offering excellent real estate fundamentals Dense Infill Location: Over 206,767 potential customers residing within 3-miles of the subject property Rent is Below Market: Below market rent when compared to similar stand-alone gas station properties; Circle K only pays $1.56 per square foot