Circle K
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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