Circle K Ground-Leased NNN
New
For Sale
$4,444,000
746 Main Street, Chula Vista, CA 91911
A corporate Circle K lease assigns zero landlord responsibilities under an absolute NNN structure.
Property Size4,625 SF
Price / SF$960.86
Days on Market2
Property Features for 746 Main Street
General Information
Standard status
Active
Size
4,625 SF
Property subtype
Retail
Zoning
ILP - Limited Industrial Precise Plan
Building Details
Building Size
4,625 SF
Year Built
2026
Tenancy
Single
Listing Agency:
SRS Industrial - Newport Beach
Listed By:
Matthew Mousavi · License #CA 01732226
(714) 404-8849
Source:
Srsre
Added: Oct 4
Last Checked: Oct 4 at 2:14PM
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 SRS Industrial - Newport Beach
Investment Insights
Based on property information with market context.
The property is a 4,625-square-foot Circle K site, built in 2026, with the land ownership leased to the tenant under an absolute NNN ground lease. Circle K corporate signed a new 20-year lease, with four additional five-year extension options. Rent increases by 10% in years 11 and 16 of the initial term and at the start of each option period; the lease assigns no responsibilities to the landlord.
Located at 746 Main Street in Chula Vista, California, the property is zoned ILP - Limited Industrial Precise Plan. The tenant is expected to begin operations in October 2026.
Located at 746 Main Street in Chula Vista, California, the property is zoned ILP - Limited Industrial Precise Plan. The tenant is expected to begin operations in October 2026.
Key Highlights
- Circle K corporate is the tenant under an absolute NNN ground lease with no landlord responsibilities
- New 20‑year lease with 4 (5‑year) option periods to extend
- 10% rental increases in years 11 and 16 of the initial term and at the start of each option period
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Toyota Chula Vista
Shops & Services
8,556 visits/mo
0.4 miles
Mossy Chrysler Dodge Jeep Ram
Shops & Services
2,635 visits/mo
0.3 miles
Enterprise Rent-A-Car
Shops & Services
2,480 visits/mo
0.4 miles
Demographics for 91911, CA
85,442
Population
27,533
Households
3.1
Avg Household Size
37
Median Age
19%
College-Educated
78%
High-School Grad
12.7 sq mi
ZIP Area
6,728
Density / Sq Mi
$79,334
Median Household Income
$39,003
Median Earnings
$1,931
Median Rent
$602,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - A corporate Circle K lease assigns zero landlord responsibilities under an absolute NNN structure.
Where is this nnn property located?
The property is located at 746 Main Street Chula Vista, CA.
What is the asking price?
The asking price for this property is $4,444,000.
What are key features of this property?
This property features: Circle K corporate is the tenant under an absolute NNN ground lease with no landlord responsibilities; New 20‑year lease with 4 (5‑year) option periods to extend; 10% rental increases in years 11 and 16 of the initial term and at the start of each option period
