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.