INVESTMENT OFFERING
SAB Capital is pleased to present Circle K in Arcadia, FL. The property boasts an absolute triple net (NNN) lease structure with zero landlord responsibilities and a corporate guarantee from Circle K’s parent company, Alimentation Couche-Tard, which recorded over $71B of revenue in 2023.
- Circle K in Arcadia, FL | 39 Miles North of Fort Myers
- Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
- Strong Corporate Guaranty | Alimentation Couche-Tard is One of the Largest Convenience Store Operators in the World With Over $71B of Revenue in 2023
- Highly Trafficked Location | 77th Percentile of Visits Among Circle K Locations Nationwide (placer.ai)
- Demonstrated Commitment to Site by Tenant | Currently Undergoing Renovations at Tenant Expense
- Attractive Location in Florida | Income Tax Free State
- Very Committed Tenant | Recently Signed 7 Year Lease
- Ideally Located Between Two Major Travel Thoroughfares | Visibility From Both North Brevard Avenue & DeSoto Avenue
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Circle K | $1,800,000 | 5.83% | Absolute NNN | 2,000 | Available |