| Price $5,964,900 | Built/Renov 2023 | Tenant 7 Eleven (Stripes) |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,842
| Lease Start
11-09-2023
| #Units
83,282
|
| Price/SF $1,231.91 | Expiration
11-09-2038
| Tenant Type Convenience/Gas |
| NOI $298,245 | R. Term 14.6 | Ownership Fee Simple |
| Rent/SF
$61.60
| Increases 7.5%/4/yrs | Pop 5Mi 97,387 |
| Lot/AC 2.46 | Options 5/5yrs/7.5% | AHHI 5Mi $59,977 |
| | |
7-Eleven is strategically located at the signalized, hard corner intersection of F Street and Expressway 83, with access to a combined daily traffic count of 20,987 vehicles. This prime location is situated along the frontage road and entrance to Expressway 83, which sees a daily traffic count of 100,000 VPD. The property features a newly constructed retail/convenience store, with 8 MPDs under...
...New construction
Build to suit
Freeway visibility
Major MSA
Income tax free state
Absolute NNN
Long 10+ yr 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 : | 10,498 | 59,374 | 100,257 |
| 2023 Total Population : | 10,529 | 59,620 | 100,214 |
| 2023 Employed Civilian Pop : | 3,782 | 24,077 | 40,263 |
| 2023 Total Businesses : | 345 | 2,462 | 3,204 |
| 2023 Average Household Income : | $ 52,721 | $ 66,241 | $ 71,113 |
| 2023 Total Consumer Spending : | $ 164 M | $ 1246 M | $ 2187 M |
| 2023 Median Age : | 34 | 34 | 35 |
| 2023 Total Households : | 3,490 | 21,270 | 34,845 |
| 2023 Pop Age 25+: Bachelor's Degree : | 423 | 5,393 | 9,067 |
| 2023 Average Home Value : | $ 87,326 | $ 129,310 | $ 140,651 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| F St | Hwy 77 N | 2014 | 8,858 | 0.05 mi |
| Botts Park Dr | Hwy 77 | 2002 | 87,000 | 0.10 mi |
| W Taft Ave | 2021 | 10,026 | 0.21 mi | |
| S F St | 2022 | 9,082 | 0.21 mi | |
| U.S. Highway 77 | Rangerville Rd | 2022 | 96,499 | 0.22 mi |
| South Expressway 83 | Rangerville Rd | 2022 | 8,877 | 0.23 mi |
| W Taft Ave | S D St | 2014 | 3,597 | 0.32 mi |
| South Rangerville Road | Hwy 77 S | 2022 | 7,812 | 0.40 mi |
| F St | W Buchanan St | 2014 | 9,347 | 0.46 mi |
| W Buchanan St | S F St | 2014 | 3,290 | 0.50 mi |
Long Beach, CA
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 3,010
Visalia, CA
Cap Rate 6.00%
Lease Abs NNN
R. Term 17.40 yrs
Size/SF 3,204
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
