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Circle K Gas Station Ground Lease
For Sale
Contact for pricing
Pending

1220 Perry Hill Rd, Montgomery, AL 36109

Newly constructed convenience store and fueling facility secured by a long-term ground lease.

Property SizeContact for details
Days on Market143

Property Features for 1220 Perry Hill Rd

General Information

Standard status Pending
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License #IL 475.170243
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

This newly constructed Circle K property combines a convenience store with a gasoline facility and is operated under a 20-year ground lease. The lease provides for 10% increases every five years, while Circle K Stores Inc. serves as the tenant. The tenant is a subsidiary of Alimentation Couche-Tard Inc. and carries BBB investment-grade credit from S&P.

The property is positioned at an entrance and exit serving I-85, with the Montgomery CBD located within 10 miles. The address is 1220 Perry Hill Rd, Montgomery, Alabama 36109. The offering represents a ground-leased gas station and convenience store with a national operator in place.

Key Highlights

  • New construction Circle K convenience store and gas station
  • 20‑year ground lease with 10% increases every five years
  • Circle K Stores Inc. is the operating tenant

Property Analytics

Current Use

Krispy Krunchy Chicken Restaurant Circle K Grocery & Convenience Store Cardtronics ATM Atm

Suggested Use

Top Pick Restaurant Hair Salon Spa & Massage Center Auto Parts Store Big Box & Wholesale Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby
87k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Groceries 24% Hotels & Casinos 6% Dining 6%
The Fresh Market Groceries
20,512 visits/mo 0.5 miles
Dollar General Shops & Services
16,096 visits/mo 0.3 miles
Circle K Shops & Services
15,661 visits/mo 0.0 miles
Pet Supermarket Shops & Services
7,344 visits/mo 0.4 miles
Family Dollar Shops & Services
5,628 visits/mo 0.4 miles

Demographics for 36109, AL

24,176
Population
11,273
Households
2.1
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,139
Density / Sq Mi
$61,059
Median Household Income
$37,876
Median Earnings
$1,108
Median Rent
$134,900
Median Home Value

Market

Vacancy Rate% for Retail in Montgomery, AL

10.9% 2020
10.5% 2021
10.4% 2022
11.6% 2023
11.4% 2024
9.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Newly constructed convenience store and fueling facility secured by a long-term ground lease.
Where is this gas station located?
The property is located at 1220 Perry Hill Rd Montgomery, AL.
What are key features of this property?
This property features: New construction Circle K convenience store and gas station; 20‑year ground lease with 10% increases every five years; Circle K Stores Inc. is the operating tenant
(251) 341-1611 Call to check price and availability
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