Circle K – Laredo, TX

Circle K
Southwest Corner of Lomas Del Sur Blvd & S Ejido Ave - Laredo, TX 78046

Sands Investment Group is pleased to exclusively offer for sale the 5,650 SF Circle K located at 3219 Lomas Del Sur Boulevard in Laredo, TX.​ This newly constructed, investment-grade convenience retail asset is secured by a 15- year Absolute Triple Net (NNN) Ground Lease with 5 additional, consecutive 5-year renewal options, offering up to 40 years of potential tenancy.​

  • ​Stable Income: This asset is backed by a long-term 15-year Abs NNN Ground Lease with 5% rent increases every 5 years, delivering consistent income growth.
  • ​Strategic Location Advantage: Located on a signalized, hard corner intersection near a handful of other new construction retail sites. Laredo is one of the most active trade corridors in the United States, benefiting from significant cross-border commerce, population growth, and strong daily traffic counts. The site’s accessibility and visibility support consistent customer demand and long-term operational success for the tenant.
  • ​New Construction: Location opened for business in March, 2026. This newly developed property offers long-term durability and investment stability.
  • ​Investment Grade Tenant: Circle K has signed a long-term lease for the property. The company operates thousands of locations worldwide and maintains a strong operating history and established corporate presence.
  • ​Zero Landlord Responsibilities: The Absolute Triple Net (NNN) Ground Lease shifts all property responsibilities to the tenant, including taxes, insurance, and CAM. This offers an ideal opportunity for a passive investor.

 

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Circle K
Southwest Corner of Lomas Del Sur Blvd & S Ejido Ave - Laredo, TX 78046

Circle K

Circle K is a globally recognized convenience store and fuel retail chain known for providing quick, accessible shopping options for customers on the go. Founded in 1951 in El Paso, Texas, the brand has grown significantly over the decades and now operates thousands of locations worldwide. Circle K stores typically offer fuel services along with a wide selection of everyday essentials such as snacks, beverages, coffee, groceries, tobacco products, and ready-to-eat food items.The company is owned by Alimentation Couche-Tard, a Canadian multinational operator of convenience stores. Through strategic acquisitions and expansion, Circle K has built a strong presence across North America, Europe, and parts of Asia-Pacific. Many locations operate 24 hours a day, serving commuters, travelers, and local neighborhoods.Circle K is particularly known for its private-label beverages such as Polar Pop fountain drinks and Froster frozen beverages. In addition to retail goods, many stores provide ATMs, car wash services, and loyalty rewards programs to enhance customer convenience.

Price

$2,600,000

Cap Rate

5.00%

PREMISES

5,650 SF

YEAR BUILT

2026

RENEWAL OPTIONS

5 x 5 Year Options

Lease Expiration

02/28/2041

Lease Type

Absolute NNN Ground Lease

RENTAL INCREASES

5% Every 5 Years

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