| Price $2,076,000 | Built/Renov 1978 | Tenant 7-Eleven |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,400
| Lease Start
04-01-1979
| #Units
83,282
|
| Price/SF $865.00 | Expiration
03-31-2029
| Tenant Type Convenience/Gas |
| NOI $103,812 | R. Term 4.10 | Ownership Fee Simple |
| Rent/SF
$43.26
| Increases 15.0%/5/yrs | Pop 5Mi 464,648 |
| Lot/AC 0.29 | Options 3/5yrs/15% | AHHI 5Mi $74,016 |
| | |
7-Eleven is strategically located at the signalized, hard corner intersection of North 7th Street and West Indian School Road, with access to a substantial combined daily traffic count of 91,000 vehicles. The property is situated within the Melrose District, an iconic Phoenix neighborhood home to antique shops, dining, entertainment, and boutique shops. Moreover, it benefits from close...
...Signalized intersection
Hard corner intersection
High traffic 50M+ VPD
Strategically located
Top 100 MSA
Strong demographics
Long operation history
Absolute NNN
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 : | 24,044 | 191,299 | 467,560 |
| 2023 Total Population : | 22,111 | 181,729 | 457,060 |
| 2023 Employed Civilian Pop : | 13,242 | 94,442 | 219,670 |
| 2023 Total Businesses : | 1,451 | 9,692 | 20,378 |
| 2023 Average Household Income : | $ 90,326 | $ 90,243 | $ 89,250 |
| 2023 Total Consumer Spending : | $ 910 M | $ 6241 M | $ 13974 M |
| 2023 Median Age : | 38 | 34 | 33 |
| 2023 Total Households : | 11,531 | 78,842 | 178,235 |
| 2023 Pop Age 25+: Bachelor's Degree : | 4,241 | 28,458 | 56,256 |
| 2023 Average Home Value : | $ 414,569 | $ 459,143 | $ 448,919 |
Victoria, TX
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
