Price $1,789,000 | Built/Renov 1970 | Tenant 7-Eleven |
Cap Rate 4.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
Size/SF
2,986
| Lease Start
05-12-2021
| #Units
83,282
|
Price/SF $599.13 | Expiration
05-01-2036
| Tenant Type Convenience/Gas |
NOI $84,996 | R. Term 12.4 | Ownership Fee Simple |
Rent/SF
$28.46
| Increases 7.5%/2/yrs | Pop 5Mi 4,359 |
Lot/AC 0.86 | Options 3/5yrs/7.5% | AHHI 5Mi $132,234 |
| |
7-Eleven is strategically located along Highway 12 with clear visibility and access to an average of 5,400 vehicles passing by daily. Highway 12 is a major commuter route that connects the southern Sacramento MSA and connects to Interstate 5, which provides direct access to downtown Sacramento. The offering features a freestanding 7-Eleven asset with 8 fueling stations. The tenants in the...
...Strategically located
Highway location
Affluent AHHI $100K 5 Mi
Absolute NNN
Long 10+ yr lease
Accelerated depreciation
Limited competition
Traded and rated company
Corporate Guarantee
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 12,500...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 305 | 898 | 4,379 |
2023 Total Population : | 312 | 914 | 4,359 |
2023 Employed Civilian Pop : | 115 | 356 | 1,941 |
2023 Total Businesses : | 5 | 11 | 73 |
2023 Average Household Income : | $ 121,076 | $ 148,931 | $ 132,234 |
2023 Total Consumer Spending : | $ 12 M | $ 45 M | $ 190 M |
2023 Median Age : | 50 | 50 | 48 |
2023 Total Households : | 122 | 364 | 1,702 |
2023 Pop Age 25+: Bachelor's Degree : | 17 | 77 | 429 |
2023 Average Home Value : | $ 536,012 | $ 601,465 | $ 537,029 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
CA 12 | Bollea Rd | 2021 | 5,200 | 0.17 mi |
State Rte 12 | Camanche Pkwy S | 2015 | 5,400 | 0.32 mi |
CA 12 | Cord Rd | 2021 | 5,400 | 0.77 mi |
Camanche Pkwy S | E Bay Mud Rd | 2012 | 634 | 2.40 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]