8995 Park Blvd - Retail FOR SALE


Seminole, FL 33777
$4,463,000 USD
813-434-8278
8995 Park Blvd, Seminole, FL for Sale
$4,463,000 USD
Retail - FOR SALE
1/10
null | 4.75% Cap Rate

8995 Park Blvd
Seminole, FL 33777


HIGHLIGHTS

  • Brand New 15-Year Lease | Rare 10% Rent Increases | Options To Extend | 2026 Construction
  • Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Signalized, Hard Corner Intersection | Dense Trade Area |Surrounding Retailers | Largo - Several New Developments
  • Dense Demographics 5-Mile Area | Tampa - St. Petersburg MSA

OVERVIEW

• Brand new 15-year lease with 5 (5-year) options to extend and rare 10% rental increases every 5 years throughout the initial term and during option periods • The lease is corporate signed by Circle K, an established c-store and gas station operator with 6,836+ stores in the United States • 2026 construction that will feature high quality materials, distinct design elements, and high-level finishes

FOR SALE DETAILS

PRICE

$4,463,000 USD

PRICE/SF

$858 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Circle K - St Petersburg-Tampa (Seminole) FL

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

CG

APN/PARCEL ID

26-30-15-70740-400-1502

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.