Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Circle K at 10934 US-19 in Port Richey, Florida (“Property” or “Asset”). The Property is operating on an absolute NNN ground lease with ±14.7 years of primary lease term remaining, 10.0% rent escalations every 5 years and seven, five-year options.

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Caractéristiques de l'actif

Prix attendu

3 674 000 €

Taux de capitalisation

5 %

Revenu net

184 000 €

WALT

14.7 années

Taille du terrain Brut

1,14 hectare

Surface de l'actif Net

483 m²

Année de construction

2025

Média

Points clés d'investissement

Long-term absolute NNN ground lease with ±14.7 years of primary term remaining
Investment grade tenancy ('BBB+) from world's 2^nd largest convenience store chain
Signalized intersection, hard corner with visibility to 57,000+ vehicles per day
Dense hotel corridor supporting steady stream of travelers and seasonal visitors
Pasco County is among Florida’s fastest-growing counties, adding 120,000 residents since 2020
12% population growth since 2010 within a 1-mile radius