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Circle K 27707 State Road 54 2,295 SF Retail Building Wesley Chapel, FL 33544 $2,150,000 ($936.82/SF) 4.69% Cap Rate
Investment Highlights
- Circle K service station with Corporate Guarantee available
- Near Target and Starbucks in busy consumer district
- Traffic count on Wesley Chapel Blvd over 22k cars per day
Executive Summary
Circle K service station with 5 years remaining on lease. Circle K providing Corporate Guarantee on absolute NNN property.
Fee Simple Land and Building Owned on 1.15 acres.
Adjacent to Target, McDonalds, Starbucks, 7 Eleven, and Subway. 1.3 miles from The Grove at Wesley Chapel Shopping Plaza.
Heavy Traffic of 22k cars per day on Wesley Chapel Blvd.
Just off Interstate 75 with 54k cars per day traffic count.
Fee Simple Land and Building Owned on 1.15 acres.
Adjacent to Target, McDonalds, Starbucks, 7 Eleven, and Subway. 1.3 miles from The Grove at Wesley Chapel Shopping Plaza.
Heavy Traffic of 22k cars per day on Wesley Chapel Blvd.
Just off Interstate 75 with 54k cars per day traffic count.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
2,295 SF
Building Class
C
Year Built
1985
Price
$2,150,000
Price Per SF
$936.82
Cap Rate
4.69%
NOI
$100,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.15 AC
Zoning
C2, County
Parking
14 Spaces (6.1 Spaces per 1,000 SF Leased)
Frontage
200’ on Wesley Chapel
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-26-19-0000-00200-0061 | Improvements Assessment | $110,969 |
| Land Assessment | $884,914 | Total Assessment | $995,883 |
Property Taxes
Parcel Number
12-26-19-0000-00200-0061
Land Assessment
$884,914
Improvements Assessment
$110,969
Total Assessment
$995,883
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Presented by
Newstar Realty & Investments
Circle K | 27707 State Road 54
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