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| Price $3,758,700 | Built/Renov 1982 | Tenant 7-Eleven |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,523
| Lease Start
01-04-2021
| #Units
83,282
|
| Price/SF $1,489.77 | Expiration
01-31-2036
| Tenant Type Convenience/Gas |
| NOI $187,935 | R. Term 10.50 | Ownership Fee Simple |
| Rent/SF
$74.49
| Increases 10.0%/6/yrs | Pop 5Mi 305,550 |
| Lot/AC 0.39 | Options 5/5yrs/7.5% | AHHI 5Mi $117,859 |
| | |
Absolute NNN lease with ±10.5 years remaining, 10% rent increase in 2031, plus five renewal options
Rent increases 7.5% in first four options, with rent set to FMRV in the fifth option
7-Eleven, Inc. operates over 85,000 stores worldwide, the largest convenience store operator, franchisor, and licensor
This property is less than 5 miles from downtown Orlando at Corrine Drive and Winter Park Road hard-corner intersection
Near I-4 on-ramp (194,500 VPD), providing excellent regional connectivity through Orlando’s primary transportation corridor
Surrounded by major shopping centers featuring national retailers including Dillard’s, Macy’s, Ross, HomeGoods, Sprouts, ALDI, and Foot Locker
Affluent 3-mile radius with 108,598 residents, $143,755 average income, and 5,600 households plus 1,500 multifamily units nearby
7-Eleven Orlando, FL is strategically located along Corrine Drive at the hard corner of Winter Park Road in Orlando, Florida, with access to a daily traffic count of approximately 45,300 vehicles (11,900 VPD on Corrine Drive, 6,900 VPD on Winter Park Road, and 26,500 VPD on North Mills Avenue). The site is surrounded by major national retailers including The Home Depot, Best Buy, Target,...
...Signalized intersection
In location for years
Major thoroughfare
Near major nationals
Dense 100M+ pop 5 mi
Top 100 MSA
Long operation history
Absolute NNN
Traded and rated company
Corporate Guarantee
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...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
