Circle K Opportunity
Lot Size: ± 0.86 AC
Rentable Area: ± 2,238
Built in 1972
5-Mile Demographics:
Population - 192,167
Average Household Income - $118,782
• EXTREMELY LOW RENT / BELOW-MARKET BASIS – Attractive rent basis creates an accessible investment profile with built-in upside and passive, predictable cash flow.
• ABSOLUTE NNN / ZERO LANDLORD RESPONSIBILITIES – Tenant is responsible for taxes, insurance, roof, structure, parking, landscaping, environmental, utilities, and all repairs.
• ±14 YEARS UNTIL FMV OPTION – Long-term income stream with 10% option rent increases and later FMV resets with a 95% market-rent floor.
• HIGH-TRAFFIC SIGNALIZED HARD CORNER – Located at Balm Riverview Rd & Rhodine Rd with 25,500+ VPD, strong access, and nearby national retailers including Publix, McDonald’s, Starbucks, Walgreens, Tractor Supply, and Panda Express.
• STRONG TAMPA BAY DEMOGRAPHICS – 192,000+ residents within 5 miles, 2.5% annual population growth, and $118,782 average household income.
• FAST-GROWING RIVERVIEW / TAMPA MSA LOCATION – Minutes from Downtown Tampa, within a market adding 50,000+ residents annually.
• INVESTMENT-GRADE TENANT – CIRCLE K / COUCHE-TARD – S&P BBB+ credit; subsidiary of Alimentation Couche-Tard, a global convenience-store leader with 16,700+ locations across 29 countries.
