745 SR 559 - Convenience Store FOR SALE


Auburndale, FL 33823
$4,749,000 USD
415-852-5177
745 SR 559, Auburndale, FL for Sale
$4,749,000 USD
Convenience Store - FOR SALE
1/6
null | 4.8% Cap Rate

745 SR 559
Auburndale, FL 33823


HIGHLIGHTS

  • Rare 18-year absolute NNN ground lease to 7-Eleven, the world’s leading convenience store chain operating over 9,500 locations in the U.S.
  • 10% rental increases every six (6) years during initial term, then 8% rental increases every five (5) years during options periods.
  • Tenant covers all taxes, insurance, maintenance, roof, structure, and parking lot, providing a fully passive investment.
  • 7-Eleven generates over $30 billion in annual U.S. revenue.
  • 7-Eleven’s universal brand recognition makes it a cornerstone in high-traffic locations, drawing customers across demographics.

OVERVIEW

This prime retail property occupies a high-visibility, easily accessible location at the signalized intersection of State Route 559 and William Van Fleet Road, offering excellent access to Interstate 4 (101,500 AADT)—a major Florida arterial connecting to several key expressways throughout Central Florida, including U.S. Highway 41 in Tampa. The property is leased to 7-Eleven, the world’s leading convenience store chain with over 9,500 U.S. locations, ensuring reliable tenancy. Situated in a strong demographic area that has experienced 55% population growth since 2010, the five-mile radius features an affluent customer base with an average annual household income of $146,235 within one mile. Built in 2026, the 4,853-square-foot building sits on a 1.50-acre parcel and was constructed to meet 7-Eleven’s specific operational standards. The absolute NNN ground lease structure offers zero management responsibilities, as the tenant assumes all maintenance and expense obligations, including roof, structure, and parking lot. With projected population and income increases across the 1-, 3-, and 5-mile trade areas, both this 7-Eleven and the surrounding Auburndale market are well-positioned for steady, long-term growth.

FOR SALE DETAILS

PRICE

$4,749,000 USD

PRICE/SF

$979 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

25-27-10-000000-042060

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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