SITE SELECTION SERVICES
Retail and Developer
Site Selection Across Georgia and the Carolinas
ASSISTING OUR CLIENTS LOCATING STRATEGIC RETAIL SITES
OUR WORK ON YOUR BEHALF
Commercial Land Experts
Our team specializes in site selection and commercial land in the southeast, with our efficient standard work procedures and dedicated support staff, we are able to generate off-market opportunities in any market. Additionally, we will send you updates on any sites that hit the market in your target areas. Once give your criteria and goals, we will begin a master assignment and create multiple opportunities for your group to chase and execute.
BEST-IN-CLASS
Marketing - Advisement - Analysis
In our world, we brokers wear two primary hats: That of an Advisor and that of a Marketer. Our team takes great pride in seeking to be the best in class in both. When seeking to market properties well, it is a matter of gathering and summarizing all of the relevant property information in as concise a format as possible and then putting it in front of as many potentially interested parties as possible. Our primary steps for accomplishing this are as follows:
KNOWLEDGE OF ACTIVE BUYERS & DEVELOPERS
Through our years of experience in commercial land, we have built a thorough a great relationship with a large number of developers and tenants. We have also collected a large database of contacts and information that we utilize to who would be the best fit for a site and how to get it in front of them quickly.
Every developer deserves a partner who understands the nuances of retail landscapes and is committed to presenting properties with the utmost sophistication and strategic insight. By dedicating ourselves to rigorous market research and meticulous site analysis, we ensure that each location we recommend stands out, compellingly presented to capture the immediate interest of retailers. Our proactive approach in market trend analysis and site optimization keeps your development at the forefront, constantly aligned with the evolving retail environment. Let us redefine what comprehensive, elite site selection service means for your retail developments.
COMMERCIAL LAND CLOSED DEALS
Understanding Circle K Ground Lease and Cap Rates Trends in the Current Market
Click here to Download the Market Report
Circle K Ground Leases: Key Trends and Investment Insights (2023-2025)
As one of the largest convenience store chains in the country, Circle K continues to be a dominant player in the commercial real estate market. With demand for essential retail remaining strong, ground-leased Circle K properties offer investors and developers an attractive, stable asset class. Understanding the latest trends in Circle K ground leases—including rental rates, lot sizes, and cap rate movements—is crucial for making informed investment decisions.
Key Market Insights (2023-2025)
Over the past three years, Circle K ground leases have shown clear trends in rent per acre and cap rates, highlighting the evolving dynamics of the convenience store market. These leases, typically 15-20 years in length and corporately guaranteed, provide long-term security for landlords while ensuring high visibility locations for the tenant.
Rent Per Acre Trends:
2023: Average rent per acre was $99,000.
2024: Rent per acre declined to $75,000, driven by an increase in average lot size.
2025: Rent per acre rebounded slightly to $84,000.
Overall Average: Across all comps, rent per acre averaged $83,000.
Lot Size and Rent Per Acre Correlation:
A strong inverse relationship was observed between lot size and rent per acre—larger parcels tend to have lower rent per acre, while smaller lots command higher rents.
In 2024, the average lot size increased from 1.7 acres to 2.7 acres, explaining the temporary dip in rent per acre.
Across all comps, the average lot size for Circle K sites was 2.39 acres.
Cap Rate Trends and Investment Sales (2023-2025)
For investors evaluating Circle K ground leases as a passive income vehicle, cap rate movements provide critical insights into pricing and market expectations.
Cap Rate Trends:
2023: Asking cap rate was 5.00%, while sold cap rates averaged 6.00%, creating a 1.00% spread.
2024: Asking cap rate rose slightly to 5.12%, with sold cap rates averaging 5.41% (0.34% spread).
2025: Asking cap rate is 5.00%, while sold cap rates so far average 5.24% (0.24% spread).
Current On-Market Cap Rates: Average 4.93%, with listings ranging between 4.75%-5.00%.
Impact of Lease Term on Cap Rates:
15-Year Leases: Sold at an average cap rate of 5.57%, with a 0.57% spread between asking and sold prices.
20-Year Leases: Sold at 5.27%, with a much smaller 0.14% spread.
Investment Takeaways
Current listings may be mispriced. The spread between asking and executed cap rates suggests on-market properties should be priced closer to 5.00%-5.25%, with 20-year leases slightly lower around 4.85%-5.10%.
Lot size impacts rental rates. Investors and developers should focus on efficiently sized parcels to maximize rent per acre while maintaining strong site selection criteria.
Cap rates have stabilized. The market for Circle K ground leases remains strong, with corporate-backed leases and essential retail demand providing a stable investment environment.
Conclusion
Circle K ground lease trends from 2023 to 2025 highlight the importance of strategic lot sizing, accurate market pricing, and lease term structures. With cap rates stabilizing and on-market listings potentially mispriced, investors and developers should carefully analyze trends to maximize their returns.
As the demand for high-quality, essential retail assets remains strong, Circle K ground leases continue to present a compelling opportunity for commercial real estate investors. Understanding these market shifts will be crucial in navigating pricing, cap rates, and lease structures in the evolving retail landscape.
For Retailers
We use advanced mapping and demographics tools to study the markets and help identify the best locations
We focus on off-market opportunities, and have a proven track record of finding killer sites
We can assist with negotiation, due diligence, transaction management, and entitlement
For Developers
We help identify markets that meet your client's requirements, and handle the market analysis, phone calls and emails required to find sites, and let you focus on deal-making.
We can evaluate residuals, and help you put together multi-tenant deals--we handle REO and Surplus property work for other national developers and retailers.
You need a team with access to detailed analysis, ensuring you're not leaving money on the table.
Respice Finem (rā-spi-ˌke-ˈfē-ˌnem) - Latin: “Consider the End”, “Live so that your life will be approved after your death.”
REGIONAL FOCUS & EXPERTISE MEETS CLIENT-SERVICE
3 STEPS TO ENSURE YOU'RE PREPARED
Working with the Finem Group is easy.
SCHEDULE CALL
Click on the button below to schedule a time to talk with one of our advisors. We'll ask some questions about your goals, and we'll collect information about your site selection needs.
PROPOSAL
We'll present you with a proposal to move forward. This will have detailed information about our process along with case studies and success stories from similar assignments.
DECISION
We'll talk together and decide if our team is a fit for the assignment. We may not be the right team to work with your company, and we try to be careful to work with companies whose values match our own.
CASE STUDIES
OFF MARKET DEAL
SITE SELECTION DEAL
SELLER REP DEAL
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