| Price $7,727,000 $8,210,000 | Built/Renov 2023 | Tenant 7-Eleven |
| Cap Rate 5.05% 4.75% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
4,088
| Lease Start
11-21-2023
| #Units
83,282
|
| Price/SF $1,890.17 $2,008.32 | Expiration
11-30-2038
| Tenant Type Convenience/Gas |
| NOI $390,000 | R. Term 14.4 | Ownership Fee Simple |
| Rent/SF
$95.40
| Increases 10.0%/5/yrs | Pop 5Mi 245,420 |
| Lot/AC 1.25 | Options 4/5yrs/10% | AHHI 5Mi $65,031 |
| | |
This newly constructed 7-Eleven is strategically positioned at the signalized intersection of W. Redlands Boulevard and Hunts Lane, which see a combined traffic count of 34,500 vehicles passing by daily. It is also visible and easily accessible from Interstate 10 (236,000 VPD) and near Interstate 215 (185,000 VPD). Nearby tenants include Aldi, Home Depot, PetSmart, Burger King, Carl’s Jr., and...
...New construction
Signalized intersection
Near major nationals
Freeway visibility
Dense 200M+ pop 5 mi
Top 100 MSA
Brand new lease
Long 15+ yr lease
Favorable NN+ lease
Traded and rated company
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 : | 6,959 | 89,582 | 257,977 |
| 2023 Total Population : | 6,889 | 88,892 | 253,101 |
| 2023 Employed Civilian Pop : | 3,149 | 38,055 | 107,267 |
| 2023 Total Businesses : | 1,000 | 4,865 | 9,350 |
| 2023 Average Household Income : | $ 95,745 | $ 84,702 | $ 81,111 |
| 2023 Total Consumer Spending : | $ 187 M | $ 2135 M | $ 5361 M |
| 2023 Median Age : | 34 | 33 | 31 |
| 2023 Total Households : | 2,261 | 28,925 | 75,723 |
| 2023 Pop Age 25+: Bachelor's Degree : | 894 | 8,982 | 20,075 |
| 2023 Average Home Value : | $ 409,640 | $ 445,967 | $ 420,416 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| I 10 Fwy E | S Hunts Ln | 2004 | 14,720 | 0.04 mi |
| 10 | I 10 Ofrp W | 2018 | 230,000 | 0.14 mi |
| S Hunts Ln | E Cooley Dr | 2003 | 11,963 | 0.27 mi |
| E Redlands Blvd | Sunset Dr | 2003 | 22,416 | 0.32 mi |
| 10 | 2018 | 205,000 | 0.39 mi | |
| I 10 | 2021 | 193,000 | 0.44 mi | |
| S Waterman Ave | E Redlands Blvd | 2003 | 27,854 | 0.45 mi |
| E Hospitality Ln | S Business Center Dr | 2010 | 15,970 | 0.45 mi |
| S Waterman Ave | E Hospitality Ln | 2010 | 31,270 | 0.49 mi |
| S Waterman Ave | E Hospitality Ln | 2010 | 20,180 | 0.51 mi |
Alpharetta, GA
Cap Rate 4.50%
Lease Abs NNN
R. Term 24.90 yrs
Size/SF 13,800
Littleton, CO
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 5,790
Sacramento, CA
Cap Rate 4.75%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 3,000
Kildeer, IL
Cap Rate 4.50%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 5,938
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
