Price $1,748,000 | Built/Renov 1976 | Tenant 7-Eleven |
Cap Rate 5.75% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
2,400
| Lease Start
04-06-2021
| #Units
1
|
Price/SF $728.33 | Expiration
04-06-2036
| Tenant Type Convenience/Gas |
NOI $100,530 | R. Term 12.4 | Ownership Fee Simple |
Rent/SF
$41.89
| Increases 7.5%/3/yrs | Pop 5Mi 3,441 |
Lot/AC 0.21 | Options 3/5yrs/4% | AHHI 5Mi $101,055 |
| |
7-Eleven is ideally situated along East Agate Avenue, an arterial thoroughfare that serves over 9,400 vehicles per day. Furthermore, the site benefits from nearby access to U.S. Highway 40 (11,700 VPD), making this a centralized location with easy commutes. The asset is within close proximity to multiple national/credit tenants including Dollar General, Ace Hardware, US Bank, O’Reily Auto...
...Near major nationals
Strategically located
Highway location
Strong demographics
Affluent AHHI $100K 5 Mi
Absolute NNN
Long 10+ yr lease
Traded and rated company
Personal 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 : | 1,804 | 2,715 | 3,436 |
2023 Total Population : | 1,804 | 2,716 | 3,441 |
2023 Employed Civilian Pop : | 1,076 | 1,637 | 2,108 |
2023 Total Businesses : | 190 | 271 | 289 |
2023 Average Household Income : | $ 105,006 | $ 102,795 | $ 101,055 |
2023 Total Consumer Spending : | $ 65 M | $ 99 M | $ 123 M |
2023 Median Age : | 43 | 43 | 44 |
2023 Total Households : | 722 | 1,118 | 1,418 |
2023 Pop Age 25+: Bachelor's Degree : | 339 | 554 | 775 |
2023 Average Home Value : | $ 476,120 | $ 482,722 | $ 496,869 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
US 40 | Co Rd 574 | 2021 | 11,695 | 0.12 mi |
East Agate Avenue | 2nd St | 2020 | 8,500 | 0.24 mi |
E Agate Ave | 1st St | 2006 | 9,300 | 0.33 mi |
West Agate Avenue | Mesa St | 2021 | 9,401 | 0.51 mi |
US Hwy 40 | Hwy 34 | 2006 | 6,900 | 1.27 mi |
US 34 | Co Rd 404 | 2021 | 6,924 | 1.32 mi |
US Hwy 34 | Granby West Cir | 2006 | 4,200 | 1.34 mi |
US 40 | US Hwy 34 | 2021 | 4,208 | 1.52 mi |
US 40 | 2020 | 3,800 | 2.22 mi | |
US Hwy 40 | Hwy 125 | 2006 | 4,500 | 2.36 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]