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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
  • 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 $1,900,000 5.53% Absolute NNN 2,000 Available

Michael Grunberg

VICE PRESIDENT | INVESTMENT SALES

Stephen Asihene

SENIOR ASSOCIATE | INVESTMENT SALES
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