Price $10,189,000 | Built/Renov 2009/2022 | Tenant 7-Eleven |
Cap Rate 5.55% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
4,700
| Lease Start
08-01-2021
| #Units
5
|
Price/SF $2,167.87 | Expiration
08-01-2036
| Tenant Type Convenience/Gas |
NOI $565,516 | R. Term 12.7 | Ownership Fee Simple |
Rent/SF
$120.32
| Increases 7.5%/3/yrs | Pop 5Mi 18,607 |
Lot/AC 2.80 | Options 3/5yrs/4% | AHHI 5Mi $70,297 |
| |
7-Eleven is strategically situated along South Jackson Street, an arterial thoroughfare that sees a daily traffic count of 22,800 vehicles. Furthermore, the subject property benefits from nearby access to U.S. Highway 79 (11,600 VPD), making this an ideal, centralized location with easy commutes. Located within a dense retail corridor, the property is within close proximity of multiple...
...Recent renovation
Dense retail corridor
Hospital close
Highway close
Income tax free state
Long 10+ yr lease
Accelerated depreciation
Traded and rated company
Personal guarantee
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 : | 1,340 | 13,206 | 18,531 |
2023 Total Population : | 1,351 | 13,505 | 18,800 |
2023 Employed Civilian Pop : | 516 | 5,075 | 7,427 |
2023 Total Businesses : | 123 | 761 | 872 |
2023 Average Household Income : | $ 61,008 | $ 68,490 | $ 69,751 |
2023 Total Consumer Spending : | $ 31 M | $ 294 M | $ 420 M |
2023 Median Age : | 28 | 34 | 36 |
2023 Total Households : | 592 | 4,905 | 6,861 |
2023 Pop Age 25+: Bachelor's Degree : | 116 | 1,376 | 1,793 |
2023 Average Home Value : | $ 350,000 | $ 208,561 | $ 207,440 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Broiles St | 2021 | 3,876 | 0.33 mi | |
TX 45;RM 620 | S Jackson St | 2020 | 3,667 | 0.33 mi |
Beaumont St | Andrews St | 2013 | 1,750 | 0.77 mi |
Corinth Road | Mary Jane St | 2021 | 499 | 0.84 mi |
I 20-N Business | FM 347 | 2020 | 2,160 | 0.86 mi |
Ivey Ave | Odom St | 2013 | 131 | 0.89 mi |
South Jackson Street | E Rusk St | 2021 | 18,752 | 0.94 mi |
South Jackson Street | Kelly St | 2020 | 18,322 | 0.94 mi |
FM 768 | Corinth Rd | 2021 | 427 | 1.02 mi |
Marshall St | Howard St | 2013 | 188 | 1.06 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]