CIRCLE K & RESTAURANT

INVESTMENT HIGHLIGHTS

• Circle K – ±2 Year Lease Term with 4, 5-Year Options
• D’Italia Foods – Under Renovation by Tenant, ±1 Year Lease with 2, 5-Year Options
• Circle K features 5% Rental Increases every 5 Years, D’Italia Foods features 2% Rental Increases every 5 Years
• Dual-tenant Concept – This convenience store model benefits from expanded service offerings, which attracts a broader customer base and increases revenue streams.
• Strong Guarantees – Circle K lease is corporate backed by Alimentation Couche-Tard. D’Italia Foods is backed by Marc Glassman, owner of Marc’s Stores (60+ locations) and over a dozen restaurants in the Cleveland MSA.
• Top Retailer in Industry – 14,300+ locations in 24 countries, earning $71.86 billion in fiscal year 2023.
• Dominant Corridor – Located next to the Brook Park Police Department, City Hall, Recreation Center, Cleveland Hopkins International Airport, multiple industrial parks, churches, and government buildings, Engle Road is a strong corridor full of accredited tenants and foot traffic-driving businesses.
• Cleveland, OH – Brook Park is located within the Cleveland MSA, which is home to around 2.18 million residents. The site is strategically positioned next to the Cleveland Hopkins International Airport, a significant contributor to the local economy, providing jobs and supporting aviation and logistics industries