Price $4,095,000 | Built/Renov 2010/2022 | Tenant 7-Eleven |
Cap Rate 5.65% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
5,400
| Lease Start
08-01-2021
| #Units
5
|
Price/SF $758.33 | Expiration
08-01-2036
| Tenant Type Fast Food/QSR |
NOI $231,389 | R. Term 12.7 | Ownership Fee Simple |
Rent/SF
$42.85
| Increases 7.5%/3/yrs | Pop 5Mi 19,996 |
Lot/AC 0.81 | Options 3/5yrs/4% | AHHI 5Mi $72,169 |
| |
7-Eleven is situated near the signalized, hard corner intersection of Jefferson Avenue and State Highway 49, which averages a combined daily traffic count of 36,000 vehicles. Additionally, the property benefits from easy access to U.S. Highway 271 (18,300 VPD), making it a central location with convenient commuting options. Within walking distance of the property is Commerce Square, an 84,000...
...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 : | 5,093 | 14,661 | 19,995 |
2023 Total Population : | 5,173 | 14,775 | 20,128 |
2023 Employed Civilian Pop : | 2,464 | 6,608 | 8,765 |
2023 Total Businesses : | 376 | 890 | 985 |
2023 Average Household Income : | $ 60,505 | $ 64,016 | $ 68,656 |
2023 Total Consumer Spending : | $ 94 M | $ 282 M | $ 412 M |
2023 Median Age : | 33 | 31 | 33 |
2023 Total Households : | 1,772 | 4,985 | 6,821 |
2023 Pop Age 25+: Bachelor's Degree : | 522 | 1,055 | 1,689 |
2023 Average Home Value : | $ 139,558 | $ 142,933 | $ 160,359 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
South Jefferson Avenue | Stella St | 2021 | 25,161 | 0.27 mi |
South Jefferson Avenue | Morgan St | 2020 | 19,724 | 0.27 mi |
South Jefferson Avenue | White St | 2020 | 20,769 | 0.35 mi |
South Jefferson Avenue | White St | 2019 | 21,751 | 0.35 mi |
East Ferguson Road | Alexander Rd | 2021 | 10,648 | 0.45 mi |
East Ferguson Road | S Jefferson Ave | 2020 | 11,786 | 0.45 mi |
West Ferguson Road | S Madison St | 2021 | 14,261 | 0.59 mi |
South Madison Avenue | Ferguson Rd | 2019 | 16,414 | 0.61 mi |
S Jefferson Ave | W Arizona St | 2002 | 20,000 | 0.69 mi |
South O'Tyson Avenue | Rhambeau St | 2021 | 6,981 | 0.72 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]