Morrow, GA - Circle K

Description:

SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in an Absolute NNN leased Circle K investment property. The asset features over 18 years of remaining primary term with four (5-year) renewal options, providing long-term income stability. The lease includes 1.5% annual rental increases throughout the primary term and option periods, supporting steady NOI growth and offering a hedge against inflation. The
store ranks in the 84th percentile nationally and 94th percentile in Georgia among comparable Circle K locations, according to Placer.ai. The lease is backed by a guaranty from Gas Express LLC, the largest Circle K franchisee in the United States with more than 190 units. The lease structure is Absolute NNN with zero landlord responsibilities, making it an ideal management-free investment for an out-of-state investor.

The asset is positioned at the signalized hard corner intersection of Jonesboro Rd (38,500 VPD) and Southlake Pkwy and is located just off I-75 (174,000 VPD), providing excellent visibility, access, and regional connectivity. The property is strategically located within a prime retail node surrounded by national retailers including Costco Wholesale, Publix, and Walmart Supercenter, among others. Within walking distance of additional major retail destinations such as Southlake Festival and Southlake Mall, a super-regional mall featuring national tenants including Macy’s, Hot Topic, and H&M, and generating approximately 2.7 million annual visits. This concentration of retail destinations drives strong consumer traffic and promotes cross-shopping to the subject property. The 5-mile trade area is supported by more than 194,800 residents and 64,000 employees, with an average household income of $73,068.

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