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| Price $9,905,000 | Built/Renov 2024 | Tenant 7-Eleven |
| Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,650
| Lease Start
06-01-2024
| #Units
83,282
|
| Price/SF $2,130.11 | Expiration
06-01-2039
| Tenant Type Convenience/Gas |
| NOI $520,000 | R. Term 14.5 | Ownership Fee Simple |
| Rent/SF
$111.83
| Increases 10.0%/5/yrs | Pop 5Mi 35,536 |
| Lot/AC 5.30 | Options 4/5yrs/10% | AHHI 5Mi $61,653 |
| | |
7-Eleven is strategically located on Hargrave Road/State Highway 47 with access to a substantial combined daily traffic count of 79,800 vehicles. The property features a 7-Eleven branded convenience store with 8 MPDS, 16 pumps, and 4 diesel lanes. Additionally, it is conveniently situated off Interstate 85 & Hwy 52, with easy access from Hwy 52 (30,000 VPD). Adjacent to Fly High...
...New construction
Build to suit
Strategically located
Freeway visibility
Top 100 MSA
Brand new lease
Long 15+ 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 | |
| 2029 Total Population : | 773 | 9,551 | 30,167 |
| 2024 Total Population : | 764 | 9,385 | 29,593 |
| 2024 Employed Civilian Pop : | 331 | 3,984 | 12,025 |
| 2024 Total Businesses : | 69 | 244 | 1,255 |
| 2024 Average Household Income : | $ 70,611 | $ 76,191 | $ 74,149 |
| 2024 Total Consumer Spending : | $ 16 M | $ 248 M | $ 790 M |
| 2024 Median Age : | 41 | 41 | 41 |
| 2024 Total Households : | 251 | 3,623 | 11,857 |
| 2024 Pop Age 25+: Bachelor's Degree : | 44 | 734 | 2,468 |
| 2024 Average Home Value : | $ 232,838 | $ 240,390 | $ 244,492 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Hargrave Road | Hargrave Ln | 2022 | 8,698 | 0.02 mi |
| Hargrave Ln | Dixon St | 2004 | 6,100 | 0.10 mi |
| NC 47 | Dixon St | 2022 | 5,548 | 0.14 mi |
| Hargrave Rd | 2022 | 1,661 | 0.16 mi | |
| I- 85 | 2022 | 393 | 0.17 mi | |
| I- 85 | 2022 | 1,673 | 0.21 mi | |
| Dickson St | 2022 | 4,389 | 0.21 mi | |
| I- 85 | 2022 | 404 | 0.21 mi | |
| Dickson St | 2022 | 384 | 0.24 mi | |
| Hargrave Road | Clyde Fitzgerald Rd | 2022 | 4,882 | 0.25 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
