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860 Twyckenham Blvd
Lafayette, IN 47909
Circle K Lafayette, IN · Retail Property For Sale
Investment Highlights
- Brand new absolute NNN ground lease
- Signalized, hard corner location
- 5,700+ households within a 1-mile radius
- Zero landlord responsibilities
- Recently opened in January 2026
- Less than 5 miles from Purdue University (58,000+ students)
Executive Summary
CBRE is pleased to offer a new construction Circle K ground lease in Lafayette, Indiana. The asset is leased on an absolute NNN basis to Mac’s Convenience Stores LLC, a subsidiary of Alimentation Couche-Tard, and provides long-term, passive income with zero landlord responsibilities.
With approximately 14.6 years of lease term remaining, 5% rent increases, and a location at a signalized hard corner in a growing residential corridor, the offering presents a compelling combination of durable cash flow, contractual growth, and strong real estate fundamentals.
With approximately 14.6 years of lease term remaining, 5% rent increases, and a location at a signalized hard corner in a growing residential corridor, the offering presents a compelling combination of durable cash flow, contractual growth, and strong real estate fundamentals.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Service Station
Building Size
5,200 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$2,750,000
Price Per SF
$528.85
Cap Rate
5.27%
NOI
$145,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.82 AC
Zoning
GB
Parking
26 Spaces (5 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $101,600 | Total Assessment | $101,600 |
Property Taxes
Parcel Numbers
Land Assessment
$101,600
Improvements Assessment
$0
Total Assessment
$101,600
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