Investment Overview

This freestanding Circle K convenience store and Circle K-branded gasoline station is situated on a ±0.86 AC parcel and is located at 11606 Balm Riverview Rd in Riverview, Florida (Hillsborough County). The property is positioned on a prime signalized hard corner at the four-way intersection of Balm Riverview Rd & Rhodine Rd, which carries 25,500+ combined VPD, offering exceptional visibility, access, and ingress/egress. The property is leased on an Absolute NNN basis to Circle K Stores Inc., a subsidiary of Alimentation Couche-Tard (S&P: BBB+, Stable), one of the largest convenience and fuel retail operators in the world with 16,700+ stores across 29 countries and $72+ billion in annual revenue. The lease features 10% rental increases per option period with up to 35 years of remaining term, providing long-term, predictable income with zero landlord management responsibilities. Riverview is one of Tampa Bay's fastest-growing communities, with a five-mile population exceeding 116,000 and an average household income of $118,782. The area has experienced over 21% population growth since 2020 and continues to expand at approximately 2.5% annually, driven by the broader Tampa Bay region adding 50,000+ new residents per year. The site is surrounded by major national retailers including Publix, McDonald's, Starbucks, Walgreens, Buffalo Wild Wings, AT&T, Tractor Supply, and Panda Express. The property's low-rent basis provides an accessible investment profile and aligns well with private and 1031 exchange buyer criteria, creating built-in upside for investors seeking passive, credit-backed income in one of Florida's strongest growth corridors.