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| Price $9,160,000 | Built/Renov 2024 | Tenant 7-Eleven |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,650
| Lease Start
04-01-2024
| #Units
83,282
|
| Price/SF $1,969.89 | Expiration
04-01-2039
| Tenant Type Convenience/Gas |
| NOI $457,991 | R. Term 14.3 | Ownership Fee Simple |
| Rent/SF
$98.49
| Increases 10.0%/5/yrs | Pop 5Mi 22,806 |
| Lot/AC 1.32 | Options 4/5yrs/10% | AHHI 5Mi $65,486 |
| | |
7-Eleven is strategically located at the signalized, hard corner intersection of W. Halls River Road and S. Suncoast Blvd., with access to a combined daily traffic count of 32,000 vehicles. The site features a 7-Eleven branded convenience store, 5 MPDS, 10 pumps & 1 EV Charging Station. The property benefits from being shadow anchored by Publix and Winn-Dixie. Additionally, it is situated...
...New construction
Signalized intersection
Dense retail corridor
Near major nationals
Income tax free state
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 | |
| 2028 Total Population : | 1,144 | 10,705 | 24,094 |
| 2023 Total Population : | 1,127 | 10,411 | 23,506 |
| 2023 Employed Civilian Pop : | 279 | 3,250 | 7,315 |
| 2023 Total Businesses : | 218 | 549 | 934 |
| 2023 Average Household Income : | $ 47,639 | $ 63,792 | $ 65,486 |
| 2023 Total Consumer Spending : | $ 22 M | $ 272 M | $ 627 M |
| 2023 Median Age : | 60 | 59 | 59 |
| 2023 Total Households : | 548 | 4,856 | 10,898 |
| 2023 Pop Age 25+: Bachelor's Degree : | 103 | 952 | 2,193 |
| 2023 Average Home Value : | $ 117,476 | $ 167,429 | $ 206,332 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| SE Hwy 19 | W Elkhorn Dr | 2005 | 32,000 | 0.25 mi |
| S Suncoast Blvd | W Bradshaw Blvd | 2005 | 30,500 | 0.78 mi |
| West Bradshaw Boulevard | S Antlers Pt | 2022 | 2,800 | 0.79 mi |
| Suncoast Boulevard | S Suncoast Blvd | 2022 | 28,000 | 0.88 mi |
| West Fishbowl Drive | S Purslane Dr | 2022 | 2,800 | 1.11 mi |
| Suncoast Boulevard | W Central St | 2022 | 28,000 | 1.17 mi |
| West Halls River Road | S Taylor Ter | 2022 | 2,000 | 1.49 mi |
| West Yulee Drive | S Rocky Pt | 2022 | 2,800 | 1.60 mi |
| West Longfellow Street | S Strohs Ter | 2022 | 1,700 | 1.80 mi |
| West Green Acres Street | S Memorial Dr | 2022 | 2,800 | 1.86 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
