SEC. U.S. 192 & Partin Settlement Road - Service Station FOR SALE


Kissimmee, FL 34744- Lake Toho
$3,918,000 USD
480-221-4221
SEC. U.S. 192 & Partin Settlement Road, Kissimmee, FL for Sale
$3,918,000 USD
Service Station - FOR SALE
1/8
null | 4.85% Cap Rate

SEC. U.S. 192 & Partin Settlement Road
Kissimmee, FL 34744
Lake Toho


HIGHLIGHTS

  • New 20 Year Lease | Corporate Guaranteed | New Construction
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • NeoCity Innovation District | High Traffic Intersection (105K+VPD)
  • Strong Demographics In 5-Mile Trade Area | Direct Consumer Base

OVERVIEW

• The tenant, Circle K Stores, Inc., recently signed a new 20 year lease with 7 (5-year) options to extend, demonstrating their commitment to the site • The lease features a 7% rental increase in year 11, followed by 5% increases every 5 years throughout the remainder of the initial term

FOR SALE DETAILS

PRICE

$3,918,000 USD

PRICE/SF

$753 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Circle K | New 20yr Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

Commercial

APN/PARCEL ID

30-25-30-3065-0001-002.0,30-25-30-3065-0001-0020

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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