Circle K Absolute NNN
For Sale
Contact for pricing
3109 Pace Boulevard, Pensacola, FL 32505
Corporate-guaranteed convenience store with fee-simple ownership of the land and building.
Property Size2,903 SF
Lot Size0.64 Acres
Days on Market144
Property Features for 3109 Pace Boulevard
General Information
Standard status
Active
Size
2,903 SF
Lot size
0.64 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Sands Investment Group Los Angeles
Listed By:
Adam Scherr · License #CA 01925644
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:30PM
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 Sands Investment Group Los Angeles
Investment Insights
Based on property information with market context.
This offering includes the land and building supporting a Circle K convenience store at 3109 Pace Boulevard. The improvements comprise a 2,903-square-foot store on an estimated 0.64-acre parcel, with fee-simple ownership included in the sale.
Circle K has operated at the site for over 37 years. The lease is structured as absolute NNN and includes a corporate guaranty. The tenant has exercised the first of two 10-year extension options, with 5% increases scheduled every five years. The lease structure places landlord responsibilities at zero as described in the offering terms.
Circle K has operated at the site for over 37 years. The lease is structured as absolute NNN and includes a corporate guaranty. The tenant has exercised the first of two 10-year extension options, with 5% increases scheduled every five years. The lease structure places landlord responsibilities at zero as described in the offering terms.
Key Highlights
- 2,903 SF convenience store on an estimated 0.64‑acre parcel
- Absolute NNN lease with corporate guaranty
- Circle K has occupied the site for over 37 years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
147k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 38%
Apparel 6%
Electronics 2%
CEFCO
Shops & Services
23,077 visits/mo
0.0 miles
McDonald's
Dining
22,580 visits/mo
0.1 miles
Whataburger
Dining
19,400 visits/mo
0.1 miles
Wendy's
Dining
16,454 visits/mo
0.2 miles
Circle K
Shops & Services
11,937 visits/mo
0.1 miles
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
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?
NNN property - Corporate-guaranteed convenience store with fee-simple ownership of the land and building.
Where is this nnn property located?
The property is located at 3109 Pace Boulevard Pensacola, FL.
What are key features of this property?
This property features: 2,903 SF convenience store on an estimated 0.64‑acre parcel; Absolute NNN lease with corporate guaranty; Circle K has occupied the site for over 37 years
