Sold Subscription Required
| Price $12,011,500 | Built/Renov 2023 | Tenant 7-Eleven |
| Cap Rate 5.15% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,000
| Lease Start
04-01-2023
| #Units
83,282
|
| Price/SF $2,402.30 | Expiration
03-31-2038
| Tenant Type Convenience/Gas |
| NOI $618,589 | R. Term 13.4 | Ownership Fee Simple |
| Rent/SF
$123.72
| Increases 7.5%/5/yrs | Pop 5Mi 120,949 |
| Lot/AC 6.62 | Options 5/5yrs/7.5% | AHHI 5Mi $74,109 |
| | |
7-Eleven strategically located at the signalized, hard corner intersection of E Monte Cristo Rd and Interstate 69C, with access to a combined daily traffic count of 82,104 vehicles. The property features 8 MPDs (16 Pumps) and 7 High-Speed Diesel MPDs (14 Pumps). Additionally, it is conveniently situated adjacent to I-281, the primary thoroughfare linking the McAllen/Reynosa Metros to San...
...New construction
Signalized intersection
Dense retail corridor
Near major nationals
Top 100 MSA
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,568 | 46,811 | 131,215 |
| 2023 Total Population : | 2,775 | 44,341 | 124,173 |
| 2023 Employed Civilian Pop : | 1,226 | 18,386 | 51,437 |
| 2023 Total Businesses : | 83 | 914 | 2,112 |
| 2023 Average Household Income : | $ 75,527 | $ 62,035 | $ 70,927 |
| 2023 Total Consumer Spending : | $ 54 M | $ 780 M | $ 2432 M |
| 2023 Median Age : | 30 | 28 | 29 |
| 2023 Total Households : | 808 | 14,121 | 38,904 |
| 2023 Pop Age 25+: Bachelor's Degree : | 284 | 3,857 | 12,624 |
| 2023 Average Home Value : | $ 175,124 | $ 150,124 | $ 187,967 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East Monte Cristo Road | US 281 Bypass Svc Rd | 2022 | 23,974 | 0.06 mi |
| Larry Twayne Rd | 2021 | 3,500 | 0.16 mi | |
| Larry Twayne Rd | 2022 | 3,744 | 0.16 mi | |
| E Monte Cristo Rd | 2022 | 36,200 | 0.17 mi | |
| Larry Twayne Rd | 2021 | 4,998 | 0.19 mi | |
| Larry Twayne Rd | 2022 | 2,393 | 0.19 mi | |
| US Hwy 281 | E Monte Cristo Rd | 2018 | 33,518 | 0.26 mi |
| E Rogers Rd | 2021 | 14,109 | 0.45 mi | |
| E Rogers Rd | 2022 | 12,848 | 0.45 mi | |
| E Monte Cristo Rd | 2022 | 35,322 | 0.46 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
