Sold Subscription Required
| Price $6,346,000 $6,800,000 | Built/Renov 2023 | Tenant Circle K |
| Cap Rate 6.70% 6.25% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
5,320
| Lease Start
12-01-2023
| #Units
200
|
| Price/SF $1,192.86 $1,278.20 | Expiration
11-30-2043
| Tenant Type Convenience/Gas |
| NOI $425,000 | R. Term 18.11 | Ownership Fee Simple |
| Rent/SF
$79.89
| Increases 1.5%/1/yrs | Pop 5Mi 24,536 |
| Lot/AC 1.51 | Options 4/5yrs/1.5% | AHHI 5Mi $80,337 |
| | |
This newly constructed Circle K is strategically located at the signalized intersection of Drayton Street (Hwy 76) and Highway 187 seeing a combined 32,000 vehicles per day. The subject property consists of a 5,320 square foot retail space, a single row canopy with five fueling stations, ten pumps, and ample parking on a large 1.51-acre parcel. The site benefits from its location at the...
...New construction
Signalized intersection
Highway location
Top 100 MSA
New development zone
Brand new lease
Long 20+ yr lease
Accelerated depreciation
Annual rent increases
Top franchise operator
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 : | 537 | 7,818 | 35,877 |
| 2023 Total Population : | 523 | 7,560 | 34,422 |
| 2023 Employed Civilian Pop : | 218 | 3,509 | 13,857 |
| 2023 Total Businesses : | 60 | 246 | 731 |
| 2023 Average Household Income : | $ 85,923 | $ 80,875 | $ 83,252 |
| 2023 Total Consumer Spending : | $ 18 M | $ 233 M | $ 826 M |
| 2023 Median Age : | 50 | 42 | 26 |
| 2023 Total Households : | 242 | 3,301 | 11,376 |
| 2023 Pop Age 25+: Bachelor's Degree : | 127 | 1,311 | 4,421 |
| 2023 Average Home Value : | $ 303,571 | $ 270,919 | $ 319,549 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Westinghouse Road | P-4-17 | 2021 | 2,900 | 0.88 mi |
| Clemson Highway | Summers Dr | 2021 | 22,200 | 1.06 mi |
| South Mechanic Street | Liberty Hall Dr | 2021 | 8,300 | 1.14 mi |
| Highway 76 | Woodburn Rd | 2021 | 17,300 | 1.27 mi |
| Cherry Street | S Broad St | 2021 | 1,000 | 1.62 mi |
| Lebanon Road | Maxwell Ave | 2021 | 2,700 | 1.62 mi |
| West Queen Street | Scott Dr | 2021 | 1,350 | 1.87 mi |
| East Queen Street | N Elm St | 2021 | 1,750 | 1.90 mi |
| Greenville Street | Crenshaw St | 2021 | 4,700 | 2.14 mi |
| North Mechanic Street | Excelsior Mill Rd | 2021 | 5,800 | 2.24 mi |
Franklin, NH
Cap Rate 5.35%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 4,350
Visalia, CA
Cap Rate 6.00%
Lease Abs NNN
R. Term 16.10 yrs
Size/SF 3,204
Orangeburg, SC
Cap Rate 5.50%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 4,050
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
