Friedman Real Estate is proud to announce the successful Circle-K property sale in Peoria, AZ, completed by Eric Hart and Marc Hildenbrand. Friedman represented both the seller and the buyer in this transaction, which involved a $3,700,000 sale of a Circle-K convenience store and gas station located at 9476 West Olive Avenue.
About the Property
- Property Type: Convenience Store & Gas Station
- Brand: Circle-K
- Sale Price: $3,700,000
- Location: 9476 West Olive Avenue, Peoria, AZ
- Representation: Buyer and Seller
This property offers a prime location in Peoria, Arizona, with strong traffic counts and excellent visibility, making it a valuable investment for retail and fuel operators.
Why Convenience Store Properties Are Attractive Investments
The sale of this Circle-K property in Peoria, AZ reflects growing investor interest in convenience store and gas station assets due to:
- Stable Income Streams: Long-term leases with national brands.
- High Traffic Locations: Consistent customer demand for fuel and retail.
- Resilient Asset Class: Strong performance even during economic fluctuations.
Friedman Real Estate’s Role
Friedman Real Estate managed the entire transaction process, leveraging:
- Market Expertise: Deep understanding of retail and net-lease investments.
- Strategic Marketing: Targeted campaigns to attract qualified buyers.
- Negotiation Skills: Delivering optimal results for both parties.
Our team specializes in retail and investment property sales, helping clients maximize value and achieve their objectives.
Peoria, AZ Market Insights
Peoria is a rapidly growing suburb of Phoenix, offering:
- Strong Demographics: Expanding residential communities and consumer base.
- Economic Growth: Increasing demand for retail and service businesses.
- Investment Potential: Attractive cap rates and long-term appreciation.
Looking to Buy or Sell Net-Lease Properties?
Contact Friedman Real Estate today to learn how our brokerage team can help you with convenience store and gas station sales nationwide.
Visit: https://www.friedmanrealestate.com
Visit: https://www.friedmanrealestate.com
