Kissimmee, FL - Circle K

Description:

• 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

• Near NeoCity, a 500-acre innovation district with completed infrastructure including roads, connecting to U.S. 192, and existing R&D and tech operations with federal partnerships and private investment agreements underway
• 11 million+ SF across manufacturing, Class A office, education, retail, multifamily, and civic uses - including a new AdventHealth Campus with capacity for a 200-bed hospital
• Ongoing development agreements set to generate 70,000+ jobs and $25+ billion in total economic impact, including partnerships with local universities
• NeoCity is emerging as a global hub for advanced semiconductor research
• Near a high-traffic intersection on U.S. 192 (105K+ VPD)
• Across from the Publix-anchored Partin Village (2.1M+ visits/year - Placer.ai)
• Nearby Walmart Supercenter, Home Depot, and the St. Cloud Commons
(2.4M+ visits/year) and adjacent Starbucks and Adventhealth locations

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