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Tenant Profiles

Circle K

B+E > B+E INSIGHTS > Tenant Profiles > Circle K
02/29/2024 By B+E

Circle K Stores, Inc.

circlek.com

32
Number on Market

$3.6M
Average Price

11.7
Average Remaining Term (Years)

5.40%
Average Cap Rate

Circle K Tenant Overview

Circle K is a leading and well-established American convenience store chain with a rich history that traces back to its inception in 1951. Headquartered in Laval, Quebec, Canada, the company operates under the ownership of Couche-Tard, a prominent player in the retail industry. Since the 1980s, Circle K has proudly held the distinction of being the largest chain of company-owned and operated convenience stores in the United States. Besides providing a variety of everyday essentials, snacks, and beverages, Circle K also caters to motorists by offering fuel sales at many of its locations. 

With a strong foothold in the United States, Circle K boasts a vast network of over 7,000 locations across the country, serving communities and neighborhoods from coast-to-coast. However, the company’s influence extends beyond national borders, as it operates close to 10,000 stores throughout all of North America. This widespread presence is a testament to Circle K’s dedication to providing accessible services to customers, wherever they may be.

Tenant Data:

Company Circle K Stores, Inc.
Parent Company Alimentation Couche-Tard, Inc.
Ownership Public
Headquarters Laval, Quebec, Canada
Ticker OTCM: ANCTF
Credit Rating Baa1 (Moody’s)
Annual Revenue $71.8B (2023)
Locations (North America) ± 7,000
Website www.circlek.com
Average Circle K Info
Number on Market 32
Average Price $3,584,068
Average Remaining Term 11.7 Years
Average Cap Rate 5.40%
Average NOI $194,795
Average PPSF $845
Average Building SF 12,529 SF
Average Lot Size 1.32 AC
AS OF 02/01/2024

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