$4,720,000 USD
415-509-6276
3141 Ronald Reagan Pky
Davenport, FL 33896
North Polk
HIGHLIGHTS
- Corporate Lease: Lease signed by 7-Eleven, Inc., an investment-grade tenant with a strong national brand and over 13,000 U.S. stores
- Absolute NNN Lease Structure: Provides Zero landlord maintenance or expense responsibilities for investors
- 2018 Construction: Modern convenience store and fueling facility, reducing near-term capital expenditure risk
- Long-Term Lease: 8+ years base term with four renewal options and increases every 5 years, ensuring stable income stream
- High-Growth Corridor: Ronald Reagan Parkway is a rapidly developing arterial in Polk County, connecting to U.S. 27 and I-4
- Bonus Depreciation: May allow investors to accelerate deductions and improve after-tax returns (consult your tax professional)
OVERVIEW
FOR SALE DETAILS
PRICE
$4,720,000 USD
PRICE/SF
$1,573 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1.96 AC
LAND SF
85,378 SF
ZONING
-
APN/PARCEL ID
27-26-03-701061-000010
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415-509-6276
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415-509-6276
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