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| Price $7,681,000 | Built/Renov 2022 | Tenant 7-Eleven |
| Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,650
| Lease Start
12-01-2022
| #Units
83,282
|
| Price/SF $1,651.83 | Expiration
12-31-2037
| Tenant Type Convenience/Gas |
| NOI $403,251 | R. Term 13.1 | Ownership Fee Simple |
| Rent/SF
$86.72
| Increases 7.5%/3/yrs | Pop 5Mi 149,630 |
| Lot/AC 2.64 | Options 5/5yrs/7.5% | AHHI 5Mi $50,018 |
| | |
7-Eleven is strategically located at the signalized, hard corner intersection of East Frontage Road and Tower Road, with access to a substantial combined daily traffic count of 119,800 vehicles. This large-format 7-Eleven Travel Center features a Laredo Taco, a 50 ft LED-illuminated pylon sign, 8 MPDs, 3 high-speed diesel lanes, 38 parking spaces, and 7 semi-truck parking spaces, all with...
...New construction
Signalized intersection
High traffic 50M+ VPD
Freeway visibility
Dense 100M+ pop 5 mi
Income tax free state
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...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
