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| Price $10,433,333 | Built/Renov 2023 | Tenant 7-Eleven |
| Cap Rate 4.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,688
| Lease Start
10-01-2023
| #Units
83,282
|
| Price/SF $2,225.54 | Expiration
09-30-2038
| Tenant Type Convenience/Gas |
| NOI $469,500 | R. Term 13.10 | Ownership Fee Simple |
| Rent/SF
$100.15
| Increases 10.0%/5/yrs | Pop 5Mi 622,000 |
| Lot/AC 1.00 | Options 4/5yrs/10% | AHHI 5Mi $67,147 |
| | |
This newly constructed 7-Eleven is situated on the signalized, hard-corner intersection of NW 7th Street and NW 45th Avenue, with a daily traffic count of more than 31,500 vehicles passing by. The site benefits from being within close proximity to Interstate 836 (178,000 VPD), and to Miami International Airport. Nearby national retailers include Publix, McDonalds, Burlington, First Watch,...
...New construction
Signalized intersection
Near major nationals
Trophy location
Top 100 MSA
Income tax free state
Brand new lease
Long 15+ yr lease
Accelerated depreciation
Traded and rated company
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...
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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