Odessa, FL - Circle K
$4,100,000
NWC. SR-54 & Asturian Parkway, Odessa, FL 33556
5
Cap Rate
205,000
NOI
Details:
Description:
• Brand new 15-year lease with 7 (5-year) options to extend and 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 6,958+ stores in the United States as of June 2024
• 2024 construction that will feature high quality materials, distinct design elements, and high-level finishes
• Circle K is ideally fronting SR-54 averaging 62,000 VPD, a major retail and commuter thoroughfare serving the Tampa MSA
• Just West off Suncoast Pkwy (54,800 VPD), allowing users to benefit from on/off ramp access to the site and surrounding Tampa MSA trade areas
• Positioned just East of Starkey Ranch - a master planned community
that includes home builders such as Taylor Morrison (630-homes), Pulte (265-homes), and M/I (460-homes).
Location

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