New ListingCapStar Real Estate presents the Income-producing retail investment on US Highway 17 in downtown Fort Meade. Offered at $1,250,000, this property features a Circle K convenience store and laundromat totaling approximately 4,062 SF across two buildings on 0.37 acres. The corner location at N Charleston Avenue and 2nd Street offers highway frontage, 15 on-site parking spaces, and exposure to approximately 24,500 vehicles daily, as cited in the appraisal. Reported improvements include convenience-store renovations in 2013 and laundromat renovations in 2025. The appraisal identifies Circle-K Stores, Inc. as the master tenant for the entire property, with the laundromat subleased to Bright Laundromat, LLC. Appraisal-reported annual rent and NOI of $73,769 indicate a 5.90 capitalization rate at the asking price, based on the appraisal's absolute-net lease assumption. Current rent, lease term, renewal options, and expense responsibilities are subject to verification. Sale includes the leased-fee real estate interest only. The adjacent Circle K-owned fuel parcel, canopy, tanks, and pumps are excluded. Operating businesses, tenant-owned equipment, and inventory are not included. Buyer to verify all property, financial, lease, and environmental information. Please do not disturb tenants or employees; all inquiries and showings must be coordinated through the listing agents.
| MLS # | TB8556523 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1965 |
| Days On Site | 4 |
| Listing Provided By | CAPSTAR REAL ESTATE LLC | Gavin Perry |
| SQ Feet | 2,562 |
|---|---|
| Zoning | BA |
| Acreage | 0.37 |
| Property | 10137 |
|---|
| State | FL |
|---|---|
| County | Polk |
| City | FORT MEADE |
| Zip Code | 33841 |
| Area | 33841 Fort Meade |
| Community Name | ROBESONS F D MRS SUB |
| Listing VS Median (in ROBESONS F D MRS SUB) | |
Price: $1,250,000 low | high Med: $1,250,000 sqft: 2,562 low | high Med: 2,562 $ / sqft: $488 low | high Med: $488 On site: 4 low | high Med: 4 | |
| State | FL |
|---|---|
| County | Polk |
| City | FORT MEADE |
| Zip Code | 33841 |
| Area | 33841 Fort Meade |
| Community Name | ROBESONS F D MRS SUB |
| Listing VS Median (in ROBESONS F D MRS SUB) | |
Price: $1,250,000 low | high Med: $1,250,000 sqft: 2,562 low | high Med: 2,562 $ / sqft: $488 low | high Med: $488 On site: 4 low | high Med: 4 | |