Circle K Acquired In Seminole For $4.26 Million With Representation From William Wamble & Patrick Nutt
8995 Park Boulevard North
$4,260,000
$819/SF
Building Size
5,200 SF
Asset Type
Retail
Closing
Jun 23, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 8995 Park Boulevard in Seminole, FL. The property is a newly built Circle K with a square footage of 5,200 and sits on a 1.46-acre lot. The sale price for the asset was $4,260,000, and the price per square foot is $819.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,260,000
- Address: 8995 Park Boulevard
- Market: Seminole, FL
- Square Footage: 5,200
- Price per Square Foot: $819
- Acres: 1.46
- Brokers: William Wamble & Patrick Nutt - SRS Real Estate Partners
The transaction involved a 15-year corporate-guaranteed triple-net lease, with the property sold to a 1031 exchange buyer. This deal indicates ongoing investor interest in stabilized convenience store assets situated in high-traffic growth markets in Florida, due to the presence of long-term leases and built-in rent escalations driving pricing for net-leased retail.
On the Map
$4,260,000
$819/SF
Retail
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Players
Boulevard Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.72%
Cash-on-Cash
-1.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93