1090 N Homestead Blvd - Convenience Store FOR SALE


Homestead, FL 33033- Downtown Homestead
$11,841,926 USD
786-522-7009
1090 N Homestead Blvd, Homestead, FL for Sale
$11,841,926 USD
Convenience Store - FOR SALE
1/8
null | 5% Cap Rate

1090 N Homestead Blvd
Homestead, FL 33033
Downtown Homestead


HIGHLIGHTS

  • Corporate Guarantee: S&P A Rated Company W/ $79B in Revenue-High Growth Retailer-Outpacing The Competition
  • 15 Year Absolute NNN Lease: 10% Rental Increases Every 5 Years-Hedge Against Inflation
  • Excellent Visibility & Access: Three Points of Ingress/Egress With Combined Traffic Counts of 41,000+ VPD
  • Densely Populated Area: 3,000+ Residential Units Being Developed Within a 3 MI Radius
  • Brand New 2026 Construction: Gas Station w/4 Pump Islands & Canopy-Oversized C-Store | Oversized 1.33 AC Parcel: 600+ Ft of Combined Linear Frontage
  • Relocation Store: Moved From Across The Street to Accommodate The Needs of The Market

OVERVIEW

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a new construction, corporate-guaranteed 7-Eleven with convenience store that includes multiple restaurant concepts and fuel service on multiple pump islands. It is located on US1 which is the primary north/south transportation corridor serving the eastern seaboard of the United States. This brand new 7-Eleven is subject to a 15-year absolute triple-net (NNN) lease with four (4) five-year options to extend and 10% rent increases every five years, offering a passive, long-term income stream with built-in inflation protection. It is a relocation store from across the street, which was essential to fulfill the needs of the market. The subject property features 7-Eleven’s latest “New Standard” prototype, situated on an oversized 1.33-acre parcel of land with a 4,899 SF convenience store. Designed to optimize operations and customer experience, the New Standard format includes upgraded store layouts, expanded food and beverage offerings, and enhanced fuel service capabilities. The site includes a full-service gas station with 4 pump islands, storage tanks, and a large canopy. The store is expected to open its doors to the public in June 2026. This new 7-Eleven is located at the signaled intersection of US-1 (N Homestead Blvd) & NE 11th St, benefiting from a combined traffic count exceeding 41,000 Vehicles Per Day. This densely populated area has 117,000+ residents within a 3-mile radius & is adjacent to a Publix, Marshalls, HomeGoods & CVS anchored shopping center. The 7-Eleven benefits from its proximity to major residential growth, including D.R. Horton’s 97-acre Sandero Landing development less than 2 miles away, which will deliver over 1,100 homes and 200,000+ SF of commercial space. Also nearby, Lennar is actively building communities such as Altamira and Terra Sol & The Estate Companies’ Soleste Midtown Project, adding further housing density to this expanding corridor. 7-Eleven, Inc.—a wholly owned subsidiary of Japan-based Seven & I Holdings—is the world’s largest convenience retailer, with over 13,000 U.S. locations and 83,000 stores globally. Backed by an A credit rating and $79 billion in global revenue (2024), the brand offers institutional-grade investment security. This site represents a strategic relocation of an existing 7-Eleven store from across the street (just north of US-1), underscoring the company’s long-term commitment to this location.

FOR SALE DETAILS

PRICE

$11,841,926 USD

PRICE/SF

$2,417 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven-Brand New 2026 Construction

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

6300

APN/PARCEL ID

10-7907-026-0080

ASK ABOUT THIS PROPERTY

Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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