Net-lease investment offering
7-Eleven
600 East 5th Avenue, Eagle Lake, FL, USA
$10,329,000Asking price
5.00%Capitalization rate
$516,483Net operating income
14.6 Years (estimated)Term remaining
Offering memorandumComplete investment materials
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Broker of RecordSpencer ScalzittiScarlett Harper LLCFL License No. 3487164
Corporate-guaranteed · Absolute NNNOffering Details
Investment Economics
Asking Price$10,329,000
Capitalization Rate5.00%
Net Operating Income$516,483
Lease Profile
Term Remaining14.6 Years (estimated)
Original Lease Term15 Years
Roof / StructureNone
Rent Increases10% Every Five Years
Lease ExpirationMay 2041 (Est.)
Rent CommencementMay 2026 (Est.)
Tenant7-Eleven
Lease TypeAbs. NNN
GuarantyCorporate
Landlord ResponsibilitiesNone
Renewal Options4 x 5 Yr
Property
Property TypeConvenience / fuel
Building Area4,853 SF
Land Area1.57 Acres
Year Built2026
Investment Overview
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.
- 01Ideally positioned in Central Florida along U.S. Highway 17 (41,000 VPD) benefitting from strong daily traffic flow within the main commercial corridor
- 02Surrounded by national retailers including Walmart Supercenter, Publix, Lowe’s, Dollar General
- 03Adjacent to Bartow Executive Airport, a key regional aviation hub which supports 49,000+ annual operations and nearly 2,000 jobs
- 04Strong local demographics with a 5-mile population of 100,920
Location & Market
Eagle Lake, FL · 600 East 5th Avenue, Eagle Lake, FL, USA
The property is located in Eagle Lake, FL. The map and market indicators below summarize regional access, demographics, and surrounding demand drivers.
41,000Vehicles per day
100,920Population within 5 miles
49,000+Annual airport operations