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| Price $2,640,000 $2,750,000 | Built/Renov 1989/2022 | Tenant SQRL |
| Cap Rate 6.25% 6.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
1,765
| Lease Start
08-15-2022
| #Units
139
|
| Price/SF $1,495.75 $1,558.07 | Expiration
08-14-2042
| Tenant Type Convenience/Gas |
| NOI $165,000 | R. Term 17.1 | Ownership Fee Simple |
| Rent/SF
$93.48
| Increases 2.0%/1/yrs | Pop 5Mi 93,332 |
| Lot/AC 1.31 | Options 4/5yrs/2% | AHHI 5Mi $58,122 |
| | |
This SQRL convenience store and service station is strategically located at the signalized, hard corner intersection of Lem Turner Road and Dunn Avenue with access to over 58,000 vehicles per day. The subject property consists of a 1,765 square foot retail space, a single row canopy with four fueling stations, eight pumps, and ample parking on a large 1.31-acre parcel. The site also features a...
...Signalized intersection
Recent renovation
Hard corner intersection
Strategically located
Top 100 MSA
Income tax free state
Long 15+ yr lease
Accelerated depreciation
Annual rent increases
Corporate Guarantee
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 10,995 | 49,272 | 100,495 |
| 2023 Total Population : | 10,678 | 48,379 | 98,928 |
| 2023 Employed Civilian Pop : | 5,460 | 22,884 | 44,211 |
| 2023 Total Businesses : | 318 | 1,172 | 3,055 |
| 2023 Average Household Income : | $ 71,601 | $ 67,698 | $ 64,698 |
| 2023 Total Consumer Spending : | $ 249 M | $ 1100 M | $ 2173 M |
| 2023 Median Age : | 36 | 37 | 39 |
| 2023 Total Households : | 4,012 | 18,657 | 38,421 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,340 | 4,148 | 8,525 |
| 2023 Average Home Value : | $ 309,288 | $ 259,344 | $ 247,639 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Dunn Ave | Garden Blvd | 2010 | 15,750 | 0.05 mi |
| Dunn Ave | W Ct Blvd | 2010 | 17,400 | 0.10 mi |
| Lem Turner Rd | Dunn Ave | 2010 | 18,000 | 0.13 mi |
| Lem Turner Rd | Pine Ave | 2010 | 14,300 | 0.26 mi |
| Dunn Avenue | Hobart Blvd | 2021 | 18,300 | 0.31 mi |
| Lem Turner Road | Hidden Haven Ct | 2021 | 18,500 | 0.32 mi |
| Duval Rd | Dunn Ave | 2010 | 4,060 | 0.32 mi |
| Dunn Avenue | Pine Estates Dr | 2021 | 19,600 | 0.49 mi |
| Lem Turner Road | Jennings Rd | 2021 | 14,500 | 0.60 mi |
| Capper Rd | Bolyard Dr | 2010 | 7,520 | 0.73 mi |
Rocky Mount, NC
Cap Rate 5.25%
Lease Abs NNN
R. Term 20.40 yrs
Size/SF 2,824
Panama City Beach, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.30 yrs
Size/SF 2,824
Washington, PA
Cap Rate 5.00%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 5,700
Tampa, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.00 yrs
Size/SF 5,476
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
