Single-Tenant NNN Convenience
For Sale
Contact for pricing
10934 US-19, Port Richey, FL 34668
Absolute NNN ground lease supports a single-tenant Circle K with substantial primary term remaining.
Property Size5,200 SF
Price / SF$807.69
Days on Market59
Property Features for 10934 US-19
General Information
Standard status
Active
Size
5,200 SF
Property subtype
Retail
Building Details
Year Built
2025
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Jun 9
Changed: Jul 10
Last Checked: Aug 5 at 1:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
The asset is a single-tenant Circle K convenience store, offered for acquisition as an absolute NNN ground lease. The property is structured as a ground lease with 14.7 years remaining in the primary lease term. Rent includes 10.0% escalations every five years, along with seven, five-year options.
The property is located at 10934 US-19 in Port Richey, Florida. It is being marketed as an operating asset under its current lease structure.
For buyers seeking a single-tenant NNN investment, the lease provides a long remaining primary term with scheduled rent growth and multiple extension options. The absolute NNN structure is designed to shift responsibility for applicable property expenses to the tenant under the ground lease framework, aligning with investors who prefer contractual expense control in a single-tenant format.
The property is located at 10934 US-19 in Port Richey, Florida. It is being marketed as an operating asset under its current lease structure.
For buyers seeking a single-tenant NNN investment, the lease provides a long remaining primary term with scheduled rent growth and multiple extension options. The absolute NNN structure is designed to shift responsibility for applicable property expenses to the tenant under the ground lease framework, aligning with investors who prefer contractual expense control in a single-tenant format.
Key Highlights
- Single‑tenant Circle K operating on an absolute NNN ground lease
- Primary lease term remaining: 14.7 years
- Rent escalations of 10.0% every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
264k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 40%
Dining 32%
Shops & Services 24%
Electronics 2%
Walmart
Superstores
105,620 visits/mo
0.2 miles
Wawa
Shops & Services
43,103 visits/mo
0.2 miles
McDonald's
Dining
27,113 visits/mo
0.2 miles
Culver's
Dining
18,666 visits/mo
0.3 miles
Dunkin' Donuts
Dining
11,939 visits/mo
0.3 miles
Demographics for 34668, FL
48,781
Population
23,883
Households
2
Avg Household Size
45
Median Age
13%
College-Educated
88%
High-School Grad
15.5 sq mi
ZIP Area
3,147
Density / Sq Mi
$45,760
Median Household Income
$35,610
Median Earnings
$1,278
Median Rent
$168,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Absolute NNN ground lease supports a single-tenant Circle K with substantial primary term remaining.
Where is this gas station located?
The property is located at 10934 US-19 Port Richey, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Single‑tenant Circle K operating on an absolute NNN ground lease; Primary lease term remaining: 14.7 years; Rent escalations of 10.0% every 5 years
