The Boulder Group, a national brokerage firm specializing in single-tenant investments, has been chosen to advise in the sale of a retail portfolio totaling 42 Circle K gas stations and convenience stores in the Oklahoma City MSA.
Circle K maintains long-term leases at the properties, each with 12 years remaining. The terms include rental escalations to the primarily triple-net leases.
Jimmy Goodman and Randy Blankstein, president of The Boulder Group will market the portfolio on behalf of the private ownership company. The asking price currently listed is $60 million, and will only be sold as a portfolio.
The Boulder Group is an investment real estate service firm with a focus on single-tenant, net leases. The firm offers brokerage, advisory and financing services to its broad client base.