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Circle K I Prime South FL I Huge Traffic

1190 S State Rd 7, North Lauderdale, FL 33068

Listing Price: $3,433,300

Cap Rate
5.10%
Tenant Name
Circle K
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
6,240
Lease Type
Ground Lease
Rent Per Square Feet
$28.04

Investment Overview

NNN Ground Leased Circle K with No Landlord Responsibilities at the Highly Trafficked Signalized Intersection of South SR 7 (45,000 Vehicles Per Day (VPD)) and SW 12th Street in North Lauderdale, FL.

Investment Highlights

  • NNN Ground Leased Circle K with No Landlord Responsibilities at the Highly Trafficked Signalized Intersection of South SR 7 (45,000 Vehicles Per Day (VPD)) and SW 12th Street in North Lauderdale, FL
  • Adjacent to Hundreds of Apartment Units Providing a Built-In Consumer Base Including Lauder Ridge Apartments (152 Units), Oakland Hills Apartments (189 Units), and Silver Palms (100 Units)
  • Replaceable Rent Provides Investors Added Security Along with a Generously Sized 2+ Acre Square Parcel Providing Flexibility for a Wide Range of Redevelopment Options
  • Over 452,000 People Living Within a Five Mile Radius of the Subject Property in the Most Coveted NNN Market Across the Entire United States Making This is a True Generational Asset
  • Strategically Positioned Across from the Publix Anchored Cypress Lakes Town Center and Near a Host of National Tenants Including Home Depot, Aldi, Key Food, and Burger King, Among Others

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Auto Service - Gas-Conv

Circle K I Prime South FL I Huge Traffic

Listing Price: $3,433,300

Cap Rate
5.10%
Tenant Name
Circle K
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
6,240
Lease Type
Ground Lease
Rent Per Square Feet
$28.04

Investment Highlights

  • NNN Ground Leased Circle K with No Landlord Responsibilities at the Highly Trafficked Signalized Intersection of South SR 7 (45,000 Vehicles Per Day (VPD)) and SW 12th Street in North Lauderdale, FL
  • Adjacent to Hundreds of Apartment Units Providing a Built-In Consumer Base Including Lauder Ridge Apartments (152 Units), Oakland Hills Apartments (189 Units), and Silver Palms (100 Units)
  • Replaceable Rent Provides Investors Added Security Along with a Generously Sized 2+ Acre Square Parcel Providing Flexibility for a Wide Range of Redevelopment Options
  • Over 452,000 People Living Within a Five Mile Radius of the Subject Property in the Most Coveted NNN Market Across the Entire United States Making This is a True Generational Asset
  • Strategically Positioned Across from the Publix Anchored Cypress Lakes Town Center and Near a Host of National Tenants Including Home Depot, Aldi, Key Food, and Burger King, Among Others

Investment Overview

NNN Ground Leased Circle K with No Landlord Responsibilities at the Highly Trafficked Signalized Intersection of South SR 7 (45,000 Vehicles Per Day (VPD)) and SW 12th Street in North Lauderdale, FL.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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