Kissimmee, FL - Circle K
$4,000,000
SEC E Irlo Memorial Hwy & Partin Settlement Rd, Kissimmee, FL 34744
4.75
Cap Rate
190,000
NOI
Details:
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 and at the beginning of each option period, hedging against inflation
• Located near the corner of E Irlo Bronson Memorial Hwy (60,000 VPD) and Partin Settlement Rd (6,200 VPD) with excellent visibility and access
• Across from the Publix-anchored Partin Village (2.1M+ visits/year - Placer.ai)
• Nearby retailers includes Walmart Supercenter, Home Depot, and the
St. Cloud Commons (2.4M+ visits/year) and adjacent Starbucks and Adventhealth locations, increasing consumer traffic to the site
Location

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