Deerfield Beach, FL - Cumberland Farms

Description:

• Cumberland Farms has 10 years remaining on their original 20-year lease with 6 (5-year) options to extend
• The lease features 8% rental increases every 5 years throughout the initial term and at the beginning of each option to extend
• Cumberland Farms is the largest of EG America’s convenience and retail brands with more than 575 store locations across Connecticut, Florida, Massachusetts, Maine, New York, New Hampshire, Rhode Island, and Vermont

• The asset is located at the signalized, hard corner intersection of S Federal Highway and SE 13th Ct averaging 46,000 VPD
• S Federal Highway / U.S. 1 is a major north–south United States highway that serves the East Coast of the United States. It runs 2,370 miles from Key West, Florida, north to Fort Kent, Maine, at the Canadian border, making it the longest north–south road in the United States
• Shares cross access with Rivertown Square, a Bealls and Winn-Dixie anchored shopping center
• The surrounding retailers include Target, Sprouts, ALDI, and more