Tampa, FL - Circle K (Waters Ave)

Description:

• Circle K has 13+ years remaining on their lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is corporate signed by Circle K Stores, Inc.
• The ground lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option

• Circle K is strategically located at the signalized, hard corner intersection of W. Waters Ave. and N. Himes Ave. averaging 65,000 vehicles per day
• The asset is approximately 4 miles from Interstate 275, a primary North/South thoroughfare serving Tampa with 188,000 vehicles per day
• The immediate trade area is supported by several big box retailers such as Walmart Supercenter, Marshall’s, Whole Foods, Target, Best Buy, and more
• This location ranks in the top 77% of all nationwide Circle K locations (1,142 out of 5,092)