Matthews Logo

Navigation Menu

1005 N Riley Hwy, Shelbyville, IN, 46176

Circle K

$2,167,475

Key Information

Cap Rate
7.05%
$ per SF
$687
Tot. SF
3,152
Year Built
2010
Term Remaining
± 3 Years
Type
Retail
Occupancy
100%
NOI
$152,807

Highlights

• Absolute NNN Lease: The asset is subject to an absolute triple-net lease, with the tenant responsible for all property expenses, including maintenance, taxes, and insurance—resulting in a true passive investment with no landlord responsibilities.
• Established Operating History: Circle K has successfully operated at this location since 2010, demonstrating long-term operational stability and a strong commitment to the site.
• National Brand Strength: Circle K is a top-tier convenience store operator, ranking second nationally with approximately 15,000+ locations across 48+ states—driving consistent consumer traffic through recognized brand loyalty.
• Generous Lot Size: Situated on ±2.21 acres, the parcel offers an optimal footprint for gas station and convenience store development, with sufficient land to accommodate fueling infrastructure, parking, and ancillary services.
• Strategic Location within the Indianapolis Metroplex: Located in Hendricks County, Shelbyville benefits from its strategic position within the economically robust Indianapolis metropolitan area.
• County Seat Location: Located in Shelbyville, the county’s administrative and commercial center, benefiting from a stable economic base, high daytime population, and sustained demand for essential retail services.
• Minimal Local Competition: The site enjoys limited direct competition from nearby fuel stations or convenience stores, solidifying its position as a primary destination for fuel and convenience retail in the immediate trade area.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203