1007 S US Highway 41 - Convenience Store FOR SALE


Inverness, FL 34450
$9,192,000 USD
214-675-0175
1007 S US Highway 41, Inverness, FL for Sale
$9,192,000 USD
Convenience Store - FOR SALE
1/4
null | 5.1% Cap Rate

1007 S US Highway 41
Inverness, FL 34450


HIGHLIGHTS

  • 2020 Construction. 3,476+/- SF Building on 1.52+/- Acre Site
  • Attractive Tax Advantages via reinstated Bonus Depreciation
  • Strong Corner Location Along Two of the Regions Major Thoroughfares with a combined 50,000+ Vehicles Per Day
  • Neighbors Publix Anchored Shopping Center w/ Several National Credit Tenants (AT&T, Panera, Jersey Mikes, Spectrum & More)
  • 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
  • Inverness, FL | 70 miles Northwest of Orlando and 65 Miles North of Tampa | Population: 7,281+

OVERVIEW

10 Years Left on Abs. NNN Corp. Lease with 10% Rental Increases Every 5 Years in Primary Term and (4) 5-Year Options

FOR SALE DETAILS

PRICE

$9,192,000 USD

PRICE/SF

$2,644 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

F1

APN/PARCEL ID

20E-19S-18-0030-00000-00A1

ASK ABOUT THIS PROPERTY

Matthew ScowSecure Net LeaseMore Info
214-675-0175

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Matthew ScowSecure Net LeaseMore Info
214-675-0175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.