East Bradenton Mobil to reopen with a Circle K

Starbucks near I-75 and SR 64 sold to investment company

cschelle@bradenton.comOctober 15, 2013 

BRADENTON -- The Mobil gas station in East Bradenton is set to reopen soon and will see a Circle K convenience store come with it, too.

Brandon-based Blue Marlin Stations LLC purchased the Mobil, 4905 State Road 64 East, for $1.3 million from Caracara LLC and Karakara LLC on Oct. 11, according to property records.

Blue Marlin Stations is owned by Automated Petroleum & Energy Co., of Brandon, and owns several gas stations in the region with BP, Citgo, Chevron, Mobil, Shell and Sunoco brands.

AP&E Co. President Bill McKnight said that the gas station will retain its flag, but the convenience store will become a Circle K. He did not offer a timeline for its opening. The gas station has been closed for several months.

The corridor is becoming competitive for gas stations as the Mobil is next to a 7-Eleven and a Thorntons gas station is being built across the street, while a Wawa is planned on the corner of 43rd Street Boulevard East and S.R. 64 East.

The Mobil last sold in December 2008 for $1.7 million from ABC-I LLC, according to property records.

Down the street, the newly opened Starbucks at S.R. 64 and 66th Street Court East, exchanged hands the same day for $1.9 million.

Clearwater developer HB Retail SR64 LLC, managed by Andrew Hupp and Justin Basil, sold the Starbucks' land to Charlotte Company Bayrock Investment Co, managed by Thomas Hammons, according to property records. The Starbucks opened in late August.

Bayrock used a $1,438,000 mortgage through National Bank of Commerce to finance the deal, according to court records.

HB Retail acquired the 0.79 acres from Circle K Stores in March for $525,000, according to property records.

Charles Schelle, business reporter, can be reached at 941-745-7095. Follow him on Twitter@ImYourChuck.

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