Price $6,845,000 | Built/Renov 2012/2022 | Tenant 7-Eleven |
Cap Rate 5.70% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
7,800
| Lease Start
08-01-2021
| #Units
5
|
Price/SF $877.56 | Expiration
08-01-2036
| Tenant Type Convenience/Gas |
NOI $390,154 | R. Term 12.7 | Ownership Fee Simple |
Rent/SF
$50.02
| Increases 7.5%/3/yrs | Pop 5Mi 86,021 |
Lot/AC 3.08 | Options 3/5yrs/4% | AHHI 5Mi $83,291 |
| |
7-Eleven is strategically positioned along Judson Road, a state highway with a daily traffic count of 23,400 vehicles. The subject property offers excellent visibility via significant street frontage and a large monument sign. Moreover, the site is ideally situated across from a neighborhood center anchored by Family Dollar and is in close proximity to a variety of retail tenants including...
...Signalized intersection
Recent renovation
Highway location
Income tax free state
Absolute NNN
Long 10+ yr lease
Accelerated depreciation
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 : | 8,016 | 48,315 | 87,214 |
2023 Total Population : | 7,679 | 47,812 | 86,614 |
2023 Employed Civilian Pop : | 3,576 | 21,998 | 39,065 |
2023 Total Businesses : | 439 | 3,262 | 4,478 |
2023 Average Household Income : | $ 88,674 | $ 80,557 | $ 80,001 |
2023 Total Consumer Spending : | $ 236 M | $ 1401 M | $ 2395 M |
2023 Median Age : | 45 | 39 | 38 |
2023 Total Households : | 3,070 | 19,965 | 34,357 |
2023 Pop Age 25+: Bachelor's Degree : | 1,225 | 6,549 | 10,213 |
2023 Average Home Value : | $ 240,162 | $ 225,074 | $ 225,058 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Judson Road | Drake Blvd | 2021 | 18,329 | 0.11 mi |
Judson Road | Triple Creek Dr | 2020 | 15,336 | 0.11 mi |
Pegues Place | Judson Rd | 2021 | 3,620 | 0.14 mi |
Judson Rd | Montclair St | 2014 | 17,151 | 0.29 mi |
Triple Creek Dr | Judson Rd | 2013 | 7 | 0.40 mi |
Tupelo Dr | School Dr | 2013 | 2,916 | 0.40 mi |
Hoyt Dr | Judson Rd | 2013 | 438 | 0.42 mi |
Meadowbrook Dr | Groveland Ave | 2013 | 1,454 | 0.55 mi |
Pegues Pl | N 4th St | 2013 | 5,220 | 0.55 mi |
Baylor Dr | McCann Rd | 2013 | 910 | 0.58 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]