116 N CHARLESTON AVENUE, FORT MEADE, FL 33841

About This Property

CapStar 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.

Property Overview

Interior Features

Exterior & Lot

Utilities

Parking

HOA & Community

Financial Details

Directions

From I-4 eastbound traveling from Tampa, take Exit 27 onto Polk Parkway/SR 570 East (toll road). Take Exit 10 for US 98/Bartow Road and head south toward Bartow. Follow signs for US 17 South toward Fort Meade. Continue into downtown Fort Meade on N Charleston Avenue. The property is located at 116 N Charleston Avenue, at the corner of N Charleston Avenue and 2nd Street.

Location

Listing Information