Circle K

Highlights

• 3 Miles Away From North Carolina State University With Student Population of Over 39K
• Absolute NNN Lease With Zero Landlord Responsibilities
• Affluent Trade Area – $128K+ Average Household Income and Over 182,000 Residents Within 5 Miles
• Built-In Customer Base, Adjacent to Large Residential Communities Like The Crossings at Tryon and Cottages at Cumberland Pond
• Circle K in Raleigh, NC With 3.5+ Years Remaining on Current Term
• Corporately Guaranteed by Circle K – a Top-Tier Convenience Brand With 6,500+ U.S. Locations
• Established Circle K Location Operating Since 1999 With Renewed Lease Signaling Long-Term Commitment
• Fee Simple Ownership – Potential Eligibility for 100% Bonus Depreciation (Consult With CPA)
• Large 1.82-Acre Corner Lot at a Signalized Intersection With Combined Traffic Counts of 55,000+ Vehicles Passing Daily
• Up to 6.5% Rent Increases in the Option Periods Adjusted for CPI of Last 5 Years

Location

Located at 3721 Tryon Rd, Raleigh, NC 27606, this property is part of the The Villages of Swift Creek neighborhood and Raleigh Durham market.