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| Price $7,573,000 | Built/Renov 2022 | Tenant 7-Eleven |
| Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,480
| Lease Start
08-26-2022
| #Units
83,282
|
| Price/SF $1,690.40 | Expiration
08-31-2037
| Tenant Type Convenience/Gas |
| NOI $397,562 | R. Term 12.3 | Ownership Fee Simple |
| Rent/SF
$88.74
| Increases 10.0%/5/yrs | Pop 5Mi 128,527 |
| Lot/AC 0.00 | Options 4/5yrs/10% | AHHI 5Mi $125,349 |
| | |
This newly constructed 7-Eleven is strategically located at the signalized, hard corner intersection of Mansfield Boulevard and Wiregrass School Road averaging 31,000 vehicles per day. The subject property is positioned at the entrance of Pasco-Hernando State College Porter Campus and Wiregrass Ranch High School which offer a combined 14,000 total students enrolled. The asset is also located...
...New construction
Signalized intersection
Hard corner intersection
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Absolute NNN
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 | |
| 2027 Total Population : | 4,892 | 59,959 | 129,648 |
| 2022 Total Population : | 4,626 | 55,752 | 121,993 |
| 2022 Employed Civilian Pop : | 2,682 | 29,882 | 66,123 |
| 2022 Total Businesses : | 49 | 1,368 | 3,585 |
| 2022 Average Household Income : | $ 123,019 | $ 127,549 | $ 126,480 |
| 2022 Total Consumer Spending : | $ 172 M | $ 2037 M | $ 4610 M |
| 2022 Median Age : | 36 | 37 | 37 |
| 2022 Total Households : | 1,650 | 18,736 | 42,770 |
| 2022 Pop Age 25+: Bachelor's Degree : | 938 | 11,309 | 25,155 |
| 2022 Average Home Value : | $ 291,628 | $ 324,734 | $ 327,580 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Mansfield Boulevard | Wiregrass School | 2020 | 31,000 | 0.27 mi |
| AL 55 | 2020 | 23,500 | 0.57 mi | |
| County Line Rd | Sassafras Dr | 2009 | 15,147 | 0.81 mi |
| County Line Road | Maximilian Dr | 2019 | 29,500 | 1.19 mi |
| County Line Road | Maximilian Dr | 2020 | 31,000 | 1.19 mi |
| Meadow Pointe Boulevard | Meadow Pointe Bl | 2020 | 29,000 | 1.24 mi |
| Strickland Rd | Whitlock Dr | 2009 | 10,394 | 1.31 mi |
| AL 55 | Tupelo Ln | 2020 | 31,000 | 1.36 mi |
| Bruce B Downs Blvd | State Hwy56 | 2018 | 32,500 | 2.13 mi |
| Bruce B Downs Boulevard | 2020 | 28,000 | 2.16 mi |
Glenarden, MD
Cap Rate 4.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 4,000
Kildeer, IL
Cap Rate 4.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 5,938
Sacramento, CA
Cap Rate 4.75%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 3,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
