8967 Jefferson Hwy Baton Rouge, LA 70809

Listing agency Matthews s***@matthews.com Show Phone

Listed by Jared Kaye · License #FL 3224428

Source Crexi

Added: Apr 12 Updated: Jul 22 at 3:05PM Checked: Jul 22 at 3:05PM

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Investment Insights

Based on property information with market context.

A Circle K gas station built in 2021 is offered for sale under a triple net (NNN) lease structure with no landlord responsibilities. The lease features a 20-year base term with four 5-year renewal options, along with 10% rent escalations every five years throughout the full lease term. The offering is held as fee simple ownership.

The site is described as the entrance location to a 301-unit apartment complex and across the street from dense residential neighborhoods. The property is identified as the last gas station before an on-ramp to Interstate 12 East, and it is stated to be less than one mile from Baton Rouge Country Club.

Public remarks also cite daytime population volumes within 1, 3, and 5 miles and an affluent trade area with stated average household incomes. The property is leased to the largest Circle K franchisee, a 93-unit operator with 26+ years of operating history across four states.

Key Highlights

• 2021 brand‑new Circle K gas station with a 20‑year base term NNN lease and four 5‑year renewal options
• Lease includes 10% rent escalations every 5 years throughout the entire term
• Triple Net (NNN) lease structure with no landlord responsibilities stated

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FAQs

What type of property is this?

Gas station - Circle K gas station with 2021 construction and a long-term NNN lease featuring a 20-year base term and renewals.

Where is this gas station located?

The property is located at 8967 Jefferson Hwy Baton Rouge, LA.

What are key features of this property?

This property features: 2021 brand‑new Circle K gas station with a 20‑year base term NNN lease and four 5‑year renewal options; Lease includes 10% rent escalations every 5 years throughout the entire term; Triple Net (NNN) lease structure with no landlord responsibilities stated