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| Price $4,200,000 $4,620,000 | Built/Renov 2021 | Tenant Circle K |
| Cap Rate 6.60% 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
5,600
| Lease Start
04-01-2021
| #Units
200
|
| Price/SF $750.00 $825.00 | Expiration
03-31-2041
| Tenant Type Convenience/Gas |
| NOI $277,138 | R. Term 16.3 | Ownership Fee Simple |
| Rent/SF
$49.49
| Increases 1.3%/1/yrs | Pop 5Mi 41,111 |
| Lot/AC 1.55 | Options 4/5yrs/1.25% | AHHI 5Mi $101,253 |
| | |
Circle K is strategically located at the signalized, hard corner intersection of N McDonough Rd and Bill Gardner Parkway with multiple points of ingress/egress and sees a combined 30,800 vehicles passing per day. Several national/credit tenants surround the site including Burger King, O’Reilly Auto Parts, Publix, McDonald’s and many more. The 5-mile trade area is supported by a population of...
...Signalized intersection
Major thoroughfare
Near major nationals
Top 100 MSA
Affluent AHHI $100K 5 Mi
Absolute NNN
Accelerated depreciation
Annual rent increases
Traded and rated company
100+ unit franchisee backed
Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores. Founded...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,266 | 19,818 | 50,803 |
| 2023 Total Population : | 1,621 | 15,662 | 44,974 |
| 2023 Employed Civilian Pop : | 758 | 7,475 | 20,538 |
| 2023 Total Businesses : | 44 | 309 | 1,505 |
| 2023 Average Household Income : | $ 107,802 | $ 108,915 | $ 92,924 |
| 2023 Total Consumer Spending : | $ 52 M | $ 486 M | $ 1279 M |
| 2023 Median Age : | 34 | 35 | 35 |
| 2023 Total Households : | 563 | 5,182 | 15,912 |
| 2023 Pop Age 25+: Bachelor's Degree : | 182 | 2,383 | 6,479 |
| 2023 Average Home Value : | $ 300,799 | $ 292,014 | $ 271,004 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Trestle Road | Luella Rd | 2021 | 290 | 0.83 mi |
| McDonough Road | Luella Rd | 2021 | 16,500 | 0.97 mi |
| Bill Gardner Parkway | Mallard Ln | 2021 | 9,350 | 1.00 mi |
| Trestle Rd | Blue Sky Dr | 2005 | 160 | 1.26 mi |
| State Rte 155 | Heron Bay Blvd | 2013 | 14,220 | 1.32 mi |
| Bill Gardner Pkwy | Eagles Brooke Dr | 2013 | 6,460 | 1.47 mi |
| Lester Mill Road | Bethlehem Rd | 2018 | 3,300 | 1.58 mi |
| Lester Mill Road | Bethlehem Rd | 2021 | 3,320 | 1.58 mi |
| McDonough Road | Greenwood Cir | 2021 | 19,600 | 1.80 mi |
| Greenwood Road | 2014 | 3,640 | 1.90 mi |
Cranberry Township, PA
Cap Rate 5.25%
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R. Term 13.80 yrs
Size/SF 6,077
The Colony, TX
Cap Rate 6.50%
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Size/SF 4,960
Glade Spring, VA
Cap Rate 6.00%
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Size/SF 4,931
Johnson City, TN
Cap Rate 6.00%
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R. Term 12.50 yrs
Size/SF 7,491
Phillipsburg, NJ
Cap Rate 5.65%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 5,670
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
