Triple Net Retail – Absolute Net Leased – 7 Eleven, Circle K, Turkey Hill Properties Needed
I continue to need corporate leased, triple net retail c-stores such as 7-11, Circle K, Get Go (Giant Eagle) or Turkey Hill (Kroger). Gas preferred on the triple net retail C-stores due to the accelerated cash recovery on the gas related equipment. Single tenant only. S&P BBB or better. This mean investment grade guarantor on the lease. No franchisees. However, it must be triple net or absolute net. Prefer fee simple but will look at ground leases. Open to just about anywhere in the United States. Prefer rent to sales of less than 3% or gas sales above 90,000 gallons per month.