| Price $7,745,000 | Built/Renov 2024 | Tenant 7-Eleven |
| Cap Rate 5.15% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,464
| Lease Start
03-01-2024
| #Units
83,282
|
| Price/SF $1,417.46 | Expiration
03-01-2039
| Tenant Type Convenience/Gas |
| NOI $398,868 | R. Term 14.9 | Ownership Fee Simple |
| Rent/SF
$73.00
| Increases 7.5%/5/yrs | Pop 5Mi 106,853 |
| Lot/AC 1.58 | Options 4/5yrs/7.5% | AHHI 5Mi $81,114 |
| | |
7-Eleven is strategically located at a signalized, hard corner intersection of Broad Street and W 33rd Street., with a combined daily traffic count of 26,200 vehicles. Additionally, the property benefits from direct on/off ramp access to Interstate 24, a major roadway that sees 119,000 VPD. The property boasts excellent visibility and offers multiple entry and exit points for convenience. It...
...New construction
Signalized intersection
Dense retail corridor
Near major nationals
Major MSA
Income tax free state
Brand new lease
Accelerated depreciation
Traded and rated company
Investment grade tenant
7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises, and/or licenses more than 83,000 stores in 19 countries, including over...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,017 | 45,234 | 107,895 |
| 2023 Total Population : | 2,942 | 43,418 | 106,267 |
| 2023 Employed Civilian Pop : | 1,022 | 17,318 | 47,577 |
| 2023 Total Businesses : | 309 | 3,301 | 5,426 |
| 2023 Average Household Income : | $ 46,108 | $ 79,734 | $ 81,178 |
| 2023 Total Consumer Spending : | $ 48 M | $ 1241 M | $ 3173 M |
| 2023 Median Age : | 37 | 35 | 38 |
| 2023 Total Households : | 1,183 | 17,644 | 44,568 |
| 2023 Pop Age 25+: Bachelor's Degree : | 182 | 5,701 | 15,383 |
| 2023 Average Home Value : | $ 255,605 | $ 322,778 | $ 326,276 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| US 11;US 41;US 64;US | W 34th St | 2021 | 23,215 | 0.11 mi |
| Broad Street | Saint Elmo Ave | 2022 | 21,504 | 0.11 mi |
| West 33rd Street | Walkway | 2022 | 3,225 | 0.23 mi |
| Tennessee Avenue | W 38th St | 2022 | 13,803 | 0.33 mi |
| SR 17 | W 37th St | 2021 | 14,300 | 0.33 mi |
| I- 24 | Hwy 27 | 2018 | 83,115 | 0.41 mi |
| Broad St | W 28th St | 2018 | 22,822 | 0.43 mi |
| West 37th Street | Carl White Pl | 2022 | 4,388 | 0.46 mi |
| 37TH ST. W. | Pirola St | 2021 | 4,577 | 0.46 mi |
| Broad Street | Broad St | 2022 | 23,014 | 0.53 mi |
Glenarden, MD
Cap Rate 4.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 4,000
Franklin, NH
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 4,350
Palatine, IL
Cap Rate 4.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 5,938
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
