Circle K | Absolute NNN Lease

501 N Main St, Sharpsburg, PA 15215, USA
$1,014,153

Description

Marcus & Millichap is pleased to present for sale this Corporate Circle K investment located at 501 North Main Street in Sharpsburg, Pennsylvania. Sharpsburg is a borough in Allegheny County, five miles Northeast of Downtown Pittsburg, Pennsylvania along the Allegheny River.
This Circle K has been operating in this community for 38 years and is a 24 Hour Convenience Store. It is located on North Main Street and experiences traffic counts in excess of 11,000 Vehicles Per day.
Circle K is an American multinational chain of convenience stores headquartered in Tempe, Arizona. It is owned and operated by Alimentation Couche-Tard Inc. since 2003 and operates stores in 50 U.S. States as well as Asia and Latin America. In all it operates over 16,000 Stores.

  • Rare Corporate Guaranteed Circle K with more than 7 Years on the Absolute NNN Lease
  • 24 Hour Convenience Store with 38 Years of Operating Experience
  • Located on Busy Main Street with More than 11,000 Vehicles Per Day
  • Located a few minutes from the Pittsburgh Zoo and the PPG Aquarium
  • More than 7 Years Remain on the Lease

Property Documents

  • City: Sharpsburg
  • State/county: Pennsylvania
  • Zip/Postal Code: 15215
  • Country: United States

Detail

  • Price: $1,014,153

Additional details

  • CAP Rate: 6.50%
  • NOI: $65,958

Features