1800 6th St - Service Station FOR SALE


Umatilla, OR 97882
$3,240,000 USD
425-455-3131
1800 6th St, Umatilla, OR for Sale
$3,240,000 USD
Service Station - FOR SALE
1/13
null | 5% Cap Rate

1800 6th St
Umatilla, OR 97882


HIGHLIGHTS

  • • 100% Passive Absolute Net Leased Investment
  • • Zero Landlord Obligations
  • • 16 Year Guaranteed Base Lease Term Remaining
  • • Very High-Volume Consistent Fuel and C-Store Demand
  • • Port of Entry and Weigh Station for Oregon / Washington Border
  • • Primary East-West Corridor Connecting OR, WA, ID, MT

OVERVIEW

Linc Properties is pleased to present the exclusive opportunity to acquire a high-volume Circle K fuel and convenience center including a Subway located at the strategic hub of an essential regional transportation corridor for Washington, Oregon, Idaho and Montana. The investment is secured by an Absolute Triple-Net (NNN) lease with zero landlord responsibilities, backed by a 16-year guaranteed base term. The lease is reinforced by two strong overlapping corporate guarantees from both Circle K Corporation, one of the world’s leading convenience retail brands, and Evergreen Energy LLC, a proven fuel operator with a growing regional presence. The site is directly across from Oregon’s Port of Entry and weigh station, a mandatory stop for all commercial truck traffic entering from Washington, generating a consistent, built-in stream of fuel demand. The interchange experiences over 12,000 vehicles per day, including a significant volume of commercial freight and agricultural transport moving between key regional markets. This offering represents a rare opportunity to acquire a mission-critical fueling infrastructure asset with strong tenant credit, passive income structure, and exceptional long-term stability in a high-traffic logistics corridor. • 100% Passive Absolute Net Leased Investment • Zero Landlord Obligations • 16 Year Guaranteed Base Lease Term Remaining • Very High-Volume Consistent Fuel and C-Store Demand • Dual Guarantors Circle K Corp. and Evergreen Energy Group LLC • Port of Entry and Weigh Station for Oregon / Washington Border • Primary East-West Corridor Connecting OR, WA, ID, MT • CPI to 10% Rent Increases Every 5 Years • Servicing Mission Critical Travel Corridor Location • May Qualify For Accelerated Depreciation

FOR SALE DETAILS

PRICE

$3,240,000 USD

PRICE/SF

$624 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circle K Corp. Absolute Net

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

M-1

APN/PARCEL ID

125716,159394

ASK ABOUT THIS PROPERTY

Brian LeibsohnLinc PropertiesMore Info
425-455-3131

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Brian LeibsohnLinc PropertiesMore Info
425-455-3131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.