| Price $7,646,000 | Built/Renov 2023 | Tenant 7-Eleven |
| Cap Rate 5.15% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,650
| Lease Start
10-01-2023
| #Units
83,282
|
| Price/SF $1,644.30 | Expiration
09-30-2038
| Tenant Type Convenience/Gas |
| NOI $393,769 | R. Term 14.4 | Ownership Fee Simple |
| Rent/SF
$84.68
| Increases 10.0%/5/yrs | Pop 5Mi 74,882 |
| Lot/AC 2.09 | Options 5/5yrs/10% | AHHI 5Mi $71,039 |
| | |
7-Eleven is strategically located at a signalized, hard-corner intersection on Ramsey Street, a major thoroughfare, with access to 38,500 vehicles passing by daily. The property serves as an outparcel to Lowe's Home Improvement. Additionally, the area is surrounded by well-known national tenants including Walmart, Chick-Fil-A, Starbucks, Advanced Auto Parts, and more. The 5-mile trade area is...
...New construction
Signalized intersection
Near major nationals
Shopping Ctr out-parcel
Absolute NNN
Long 10+ yr lease
Accelerated depreciation
Traded and rated company
Corporate Guarantee
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 : | 6,392 | 40,919 | 75,292 |
| 2023 Total Population : | 6,365 | 41,117 | 75,004 |
| 2023 Employed Civilian Pop : | 2,312 | 15,782 | 28,445 |
| 2023 Total Businesses : | 303 | 1,022 | 3,337 |
| 2023 Average Household Income : | $ 73,143 | $ 65,700 | $ 70,977 |
| 2023 Total Consumer Spending : | $ 181 M | $ 996 M | $ 1959 M |
| 2023 Median Age : | 39 | 36 | 37 |
| 2023 Total Households : | 2,870 | 17,352 | 31,627 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,164 | 4,879 | 9,231 |
| 2023 Average Home Value : | $ 198,076 | $ 192,320 | $ 221,147 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| McArthur Road | Ramsey St | 2022 | 9,113 | 0.14 mi |
| Ramsey Street | Andover Rd | 2022 | 31,058 | 0.22 mi |
| Ramsey St | McArthur Rd | 2018 | 31,000 | 0.24 mi |
| Ramsey St | Glenola St | 2018 | 36,500 | 0.63 mi |
| US 401 | Tokay Dr | 2022 | 38,214 | 0.65 mi |
| Country Club Dr | Frost Dr | 2018 | 17,000 | 0.69 mi |
| Country Club Drive | Frost Dr | 2022 | 17,742 | 0.70 mi |
| Ramsey Street | Chloe Dr | 2022 | 29,850 | 0.80 mi |
| Ramsey Street | Treetop Dr | 2022 | 30,283 | 0.99 mi |
| Ramsey St | 2022 | 10,512 | 1.05 mi |
Franklin, NH
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 4,350
Glenarden, MD
Cap Rate 4.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 4,000
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]
