SRS National Net Lease is pleased to present the exceptional opportunity to acquire the fee simple interest in a well-located Circle K property in Pensacola, Florida. The asset is secured by a long-term absolute NNN lease with Circle K Stores, Inc., a globally recognized convenience store operator. In a strong display of commitment to the site, the tenant exercised a 10-year lease extension in 2020, leaving approximately five years remaining on the current term, along with two (5-year) extension options. The lease provides for 5% rental increases every five years, including during option periods, offering a predictable and growing income stream that serves as an effective hedge against inflation. With zero landlord responsibilities, this asset represents a truly passive, management-free investment—ideal for out-of-state or hands-off investors seeking long-term stability and minimal operational oversight.