$2,304,761 USD
866-889-0550
HIGHLIGHTS
- Leased to 7-Eleven, Inc. with investment-grade credit ratings of A- (S&P) and Baa2 (Moody's)
- Absolute NNN lease with zero landlord responsibilities including roof, structure, and operating expenses
- One of the lowest-basis 7-Eleven investment opportunities currently available in Florida
- Signalized hard corner with 55,000+ combined VPD at Park Street N & 54th Avenue N
- Underground storage tanks replaced in 2009, reducing near-term capital expenditure risk
- High barrier-to-entry Pinellas County market with scarce developable land and restrictive zoning
FOR SALE DETAILS
PRICE
$2,304,761 USD
PRICE/SF
$793 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.8 AC
LAND SF
34,848 SF
ZONING
-
APN/PARCEL ID
01-31-15-00000-120-0300
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866-889-0550
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866-889-0550
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