SWC Glen Lakes & US-19 blvd - Convenience Store FOR SALE


Weeki Wachee, FL 34613
$3,200,000 USD
813-434-8278
SWC Glen Lakes & US-19 blvd, Weeki Wachee, FL for Sale
$3,200,000 USD
Convenience Store - FOR SALE
1/9
null | 5% Cap Rate

SWC Glen Lakes & US-19 blvd
Weeki Wachee, FL 34613


HIGHLIGHTS

  • Brand New 15-Year Lease | Corporate Signed | Options To Extend | Rare 7.5% Rent Increases | Brand New Construction
  • Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Near Signalized, Hard Corner Intersection | Direct Consumer Base | Surrounding Residential | Part of Glen Lakes Commons
  • Demographics 5-Mile Trade Area | Affluent 1-Mile

OVERVIEW

• Brand new 15-year lease with 7 (5-year) options to extend and rare 7.5% 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 6,877 stores in the United States • 2026 construction that will feature high quality materials, distinct design elements, and high-level finishes

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$615 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Circle K - Tampa (Weeki Wachee) FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

PUD

APN/PARCEL ID

R13-222-17-1871-0000-0070

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.