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Virtual Drive-By

Circle K Absolute NNN

1571 Bryan Rd · Dardenne Prairie, MO 63366 · Convenience / Fuel

Asking price
$3,283,000
Cap rate
5.30%
NOI
$174,000

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Lease

Lease typeAbsolute NNN
Term remaining14.4 yrs
Expiration12/2040
Rent bumps10% rental increases every 5 years
Options5 (5-Year)
Ground leaseYes
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF5,200
Price / SF$631
Year built2025
Lot size1.72 ac
TypeConvenience Store, Gas Station
Days on market135

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​

    Brand New 15-Year Lease | 2025 Construction | Corporate Guaranty

  • ​

    Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities

  • ​

    Signalized, Hard Corner Intersection | Prairie Encore Development

  • ​

    Strong Demographics In 5-Mile Radius | Affluent St. Louis Suburb

Property overview

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, corporate guaranteed, Circle K investment property located in Dardenne Prairie, Missouri (St.​ Louis MSA).​ The tenant recently signed a brand new 15 year lease with 5 (5-year) options to extend, demonstrating their commitment to the site.​ The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, hedging against inflation.​ The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.​ Circle K is a global leader in the convenience and mobility sector, operated by Alimentation Couche-Tard (TSX: ATD), which maintains a global footprint of approximately 17,300 stores across 29 countries.​ The subject property features a modern prototype design with six fuel pumps and twelve fueling stations.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.