Seminole, FL - Circle K

Description:

• Brand new 15-year lease with 5 (5-year) options to extend and rare 10% 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 6,836+ stores in the United States
• 2026 construction that will feature high quality materials, distinct design elements, and high-level finishes

• The asset is located near the signalized, hard corner intersection of Starkey Road and Park Blvd averaging a combined 83,200 VPD
• The dense trade area has several surrounding retailers such as Lowe’s, Sam’s Club, Walmart, Sprouts, and more
• The Publix just to the East ranks in the top 86% (7,218 out of 52,118) of all nationwide grocery stores according to Placer.ai
• There are several new developments underway in Largo such as Allora, a multi-phase apartment community on a 15.5-acre property at 800 8th Avenue Southeast on the corner of 8th Avenue SE and Donegan Road, a new city hall — part of the $81 million Horizon West Bay project — expected to be complete in early 2025, and more
• The asset has excellent visibility and multiple points of ingress/egress

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Listing ID: a28TP0000028zrZYAQ