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Executive Summary

Prime Franchise Opportunity | High-Volume Location | Real Estate Included
Marketing description
For Sale | Former Circle K Gas Station & C-Store | Okaloosa County, FL
Prime Franchise Opportunity | High-Volume Location | Real Estate Included
7.86% CAP - $227,940 EST PRO-FORMA NOI - STABILIZED GAS STATION OPPORTUNITY
This is a rare opportunity to acquire a high-performing previous Circle K gas station and convenience store located in the heart of Okaloosa County, one of Florida’s fastest-growing regions. Can be converted into a branded opportunity.
Property Highlights:
Gas Volume: 45,000+ gallons/month
Inside Sales: $95,000+ monthly
Year Built: 2013 (Recently Painted)
Additional Features:
Beer Cave
New Restaurant Equipment
No Fuel Contract
No C-Store Lease or Franchise Agreement Upon Sale
Sale Includes:
Real Estate / Real Property
FF&E (Fixtures, Furniture & Equipment)
Business Goodwill
Inventory to be evaluated and purchased separately
Investment Advantages:
High Visibility Location with strong traffic counts
Established Branding with no long-term obligations post-sale
Turnkey Operation ready for new ownership
Located in a rapidly expanding trade area
Restaurant Tenant: Pita Street Food (NEW 2026)
Gas Station: UNBRANDED
Showing by Appointment Only – Do Not Disturb Employees
Serious inquiries only.

Attachments

MARYESTHER

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
5,196 SF
Building Class
B
Year Built
2014
Price
$2,900,000
Price Per SF
$558.12
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.65 AC
Zoning
C1 - Commercial
Frontage
176’ on Mary Esther Blvd

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Pita Street Food
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Pita Street Food Accommodation and Food Services - - Triple Net -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Piggly Wiggly
Navy Federal Credit Union
Krystal
Fazoli's
Lenny’s Grill & Subs
Starbucks
Planet Fitness
Regions Bank
LongHorn Steakhouse
Chili's Grill & Bar

Property Taxes

Property Taxes

Parcel Number
16-2S-24-0000-0022-0020
Land Assessment
$639,717
Improvements Assessment
$391,249
Total Assessment
$1,030,966
  • Listing ID: 33270529

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 180 Mary Esther Blvd, Mary Esther, FL 32569

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