Circle K

21998 W Colorado Ave,
San Joaquin, CA 93660

Low Price Point Net Leased Convenience Store

4.50%
CAP RATE
2,400
Building SF
$43,345
Current Rent
.34
Land Acres
Absolute NNN
Lease Type
1977
Year Built
4.50%
CAP RATE
2,400
Building SF
$43,345
Current Rent
.34
Land Acres
Absolute NNN
Lease Type
1977
Year Built

INVESTMENT HIGHLIGHTS

  • SELLER FINANCING AVAILABLE
  • Two Double-Walled Fiberglass Tanks
  • Strong National Tenant (NYSE: CRK)

MARKET OVERVIEW

  • San Joaquin is a small city located in the southern part of California's Central Valley, in Fresno County. As of the 2020 United States census, the population of San Joaquin was around 5,000 people. San Joaquin is surrounded by agricultural land and is known for its farming industry, particularly its production of almonds, grapes, and cotton. The city also has a few local businesses, including a grocery store, gas stations, and restaurants.
  • The city has a rich history, dating back to the early 1900s when it was founded as a stop on the Southern Pacific Railroad. In the 1930s, the San Joaquin Valley became an important hub for migrant farm workers, and San Joaquin was no exception. Many families of migrant workers settled in the area, and the city remains a diverse community today. It is also close to several larger cities, including Fresno and Visalia, which offer a wider range of entertainment and recreational activities. The area surrounding San Joaquin is home to several national parks, including Yosemite, Sequoia, and Kings Canyon, which offer opportunities for hiking, camping, and other outdoor activities.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282