7-Eleven

  • $10,329,000

Overview

  • 7-Eleven
    Tenant(s)
  • $10,329,000
    Price
  • 5.00%
    CAP Rate
  • $516,483
    Net Operating Income (NOI)
  • 15 Years
    Lease Term
  • 10% Every Five Years
    Increases
  • Abs. NNN
    Lease Type
  • May 2026 (Est.)
    Rent Commencement
  • May 2041 (Est.)
    Lease Expiration
  • 4 x 5 Yr
    Options
  • 4,853
    Building Size (SF)
  • 2026
    Year Built
  • 1.57
    Land Size (AC)
  • Corporate
    Guaranty
  • None
    Landlord Responsibilities

Description

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 600 E. 5th Ave., Eagle Lake, FL 33839. The site consists of roughly 4,853 rentable square feet of retail space on an estimated 1.57-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 15+Years Remaining. The annual rent is $516,483 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.

    • Ideally positioned in Central Florida along U.S. Highway 17 (41,000 VPD) benefitting from strong daily traffic flow within the main commercial corridor
    • Surrounded by national retailers including Walmart Supercenter, Publix, Lowe’s, Dollar General
    • Adjacent to Bartow Executive Airport, a key regional aviation hub which supports 49,000+ annual operations and nearly 2,000 jobs
    • Strong local demographics with a 5-mile population of 100,920

Property Documents

7-Eleven_FL_Eagle Lake

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