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| Price $9,058,757 | Built/Renov 2020 | Tenant 7-Eleven |
| Cap Rate 4.43% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,739
| Lease Start
07-01-2022
| #Units
83,282
|
| Price/SF $1,911.53 | Expiration
06-30-2035
| Tenant Type Convenience/Gas |
| NOI $400,850 | R. Term 10.9 | Ownership Fee Simple |
| Rent/SF
$84.59
| Increases 10.0%/5/yrs | Pop 5Mi 73,802 |
| Lot/AC 2.07 | Options 4/5yrs/10% | AHHI 5Mi $158,460 |
| | |
This 7-Eleven with Laredo Taco is located at the hard corner intersection of Jarvis Rd. and Telege Rd. which see a combined traffic count of roughly 22,900 VPD. It is also located at the entrance of The Windward, a 300+ unit apartment facility. The site benefits from surrounding retailers such as HEB, At Home, Jiffy Lube and more, creating a strong consumer draw to the immediate area. This...
...Hard corner intersection
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Population increase trend
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 : | 10,354 | 79,482 | 262,924 |
| 2023 Total Population : | 10,164 | 78,144 | 259,300 |
| 2023 Employed Civilian Pop : | 5,011 | 39,969 | 134,345 |
| 2023 Total Businesses : | 258 | 2,470 | 7,690 |
| 2023 Average Household Income : | $ 152,799 | $ 143,733 | $ 133,395 |
| 2023 Total Consumer Spending : | $ 444 M | $ 3205 M | $ 10064 M |
| 2023 Median Age : | 37 | 37 | 36 |
| 2023 Total Households : | 3,455 | 26,402 | 88,777 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,163 | 16,789 | 56,407 |
| 2023 Average Home Value : | $ 356,429 | $ 333,831 | $ 331,119 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Jarvis Rd | Telge Rd | 2001 | 3,400 | 0.10 mi |
| Jarvis Rd | Secret Forest Ct | 2011 | 4,840 | 0.11 mi |
| Coles Crossing Dr | Tylermont | 2011 | 1,670 | 0.37 mi |
| Cricket Hollow Dr | Shady Knoll Ln | 2011 | 550 | 0.39 mi |
| Whispering Valley Dr | Broken Brook Ct | 2014 | 7,514 | 0.46 mi |
| Pleasant Grove Rd | Telge Rd | 2011 | 360 | 0.64 mi |
| Jarvis Rd | Cypress Valley Rd | 2014 | 11,580 | 0.68 mi |
| Telge Rd | Pleasant Grove Rd | 2014 | 24,584 | 0.72 mi |
| Telge Road | Pleasant Grove Rd | 2019 | 22,776 | 0.77 mi |
| Huffmeister Rd | Jarvis Rd | 2014 | 12,800 | 0.78 mi |
Alpharetta, GA
Cap Rate 4.50%
Lease Abs NNN
R. Term 25.40 yrs
Size/SF 13,800
Sacramento, CA
Cap Rate 4.75%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 3,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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