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| Price $4,442,000 | Built/Renov 2021 | Tenant 7-Eleven |
| Cap Rate 4.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,959
| Lease Start
04-01-2022
| #Units
83,282
|
| Price/SF $1,501.18 | Expiration
03-31-2037
| Tenant Type Convenience/Gas |
| NOI $199,900 | R. Term 12.4 | Ownership Fee Simple |
| Rent/SF
$67.56
| Increases 10.0%/3/yrs | Pop 5Mi 167,458 |
| Lot/AC 0.51 | Options 3/5yrs/10% | AHHI 5Mi $60,403 |
| | |
7-Eleven is strategically located at the signalized, hard corner intersection of Blackstone Avenue and Bremer Avenue, with access to a combined daily traffic count of 25,000 vehicles. The property is conveniently adjacent to CA State Route 180, experiencing a traffic count of 123,000 VPD. The immediate vicinity is surrounded by well-known national tenants such as Rite Aid, McDonald's, Carl's...
...New construction
Signalized intersection
Freeway close
Dense 100M+ pop 5 mi
Top 100 MSA
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 : | 20,423 | 168,081 | 356,650 |
| 2023 Total Population : | 20,392 | 168,151 | 356,137 |
| 2023 Employed Civilian Pop : | 7,497 | 61,726 | 136,338 |
| 2023 Total Businesses : | 1,530 | 5,993 | 13,123 |
| 2023 Average Household Income : | $ 54,158 | $ 60,482 | $ 66,974 |
| 2023 Total Consumer Spending : | $ 348 M | $ 2741 M | $ 6571 M |
| 2023 Median Age : | 30 | 30 | 30 |
| 2023 Total Households : | 7,292 | 51,663 | 112,006 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,389 | 9,330 | 23,699 |
| 2023 Average Home Value : | $ 299,368 | $ 285,185 | $ 320,436 |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
