4920 Moccasin Wallow Rd - Freestanding FOR SALE


Palmetto, FL 34221- Palmetto/Ellenton
$3,300,000 USD
646-850-9837
4920 Moccasin Wallow Rd, Palmetto, FL for Sale
$3,300,000 USD
Freestanding - FOR SALE
1/5
null | 4.8% Cap Rate

4920 Moccasin Wallow Rd
Palmetto, FL 34221
Palmetto/Ellenton


HIGHLIGHTS

  • Corporate absolute NNN lease with no landlord responsibilities
  • Located at a high-visibility corner with immediate access to I-75 (61,000 VPD)
  • Rapid population growth in the immediate trade area (+21.3% within 1 mile)
  • Part of the 1,065-acre Gateway North mixed-use development
  • Surrounded by strong national retailers supporting long-term demand

OVERVIEW

HMX Realty Advisors is pleased to offer for sale a corporate-guaranteed, absolute NNN 7-Eleven located at the signalized northeast corner of Moccasin Wallow Road and Gateway Boulevard in Palmetto, Florida. The property benefits from excellent visibility and accessibility, positioned less than half a mile from the primary entrance to Interstate 75, which carries an average daily traffic count of 61,000 vehicles (VPD). Market & Demographics The surrounding trade area has undergone significant growth in recent years. Within a one-mile radius, the population has increased by 21.3%, driven by robust residential and commercial development. Palmetto itself is strategically located 14 miles north of Sarasota and 30 miles south of Tampa, providing direct connectivity to two major Florida markets. Gateway North Development The subject property is part of Phase I of Gateway North, a 1,065-acre mixed use master-planned project that will transform the immediate area. Upon completion, Gateway North will feature: • 1,685 single-family homes • 722 multifamily units • 393 townhomes • 445,200 square feet of retail • 965,500 square feet of office • 397,500 square feet of warehouse/industrial This large-scale development is expected to serve as a long-term growth catalyst, supporting both population expansion and increased consumer spending in the trade area. Retail Synergy The property benefits from strong retail adjacencies, with notable national tenants within three miles including Walmart, Walgreens, CVS, AutoZone, O’Reilly Auto Parts, ACE Hardware, McDonald’s, Burger King, Whataburger, Sonic, Panda Express, Wingstop, Pizza Hut, and others. This concentration of established retailers enhances the long-term viability of the location.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$1,061 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven - Palmetto, Florida - NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

PD-MU

APN/PARCEL ID

6109-0070-9

ASK ABOUT THIS PROPERTY

Andrew GreenbergHMX Realty AdvisorsMore Info
646-850-9837

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Andrew GreenbergHMX Realty AdvisorsMore Info
646-850-9837

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