OKLAHOMA CITY—The Boulder Group has been tapped to serve as the exclusive advisor for the sale of a Circle K portfolio consisting of 42 properties located within the Oklahoma City metro region. Randy Blankstein, president, and Jimmy Goodman, partner, of The Boulder Group will market the portfolio for sale on behalf of a private partnership.
Listed with an asking price of $60 million, the properties in the portfolio are all leased to Circle K on a long-term basis and will only be sold as a portfolio.
Each of the leases has 12 years remaining and features multiple rental escalations in the primary lease terms.
“This portfolio represents a rare opportunity for an investor to acquire a large portfolio of triple net leased properties leased to an investment grade tenant,” said Blankstein.
