7-Eleven

  • $7,258,611

Overview

  • 7-Eleven
    Tenant(s)
  • $7,258,611
    Price
  • 4.75%
    CAP Rate
  • $344,787
    Net Operating Income (NOI)
  • 15 Years
    Lease Term
  • 10% Every Five Years
    Increases
  • Abs. NNN
    Lease Type
  • March 2021
    Rent Commencement
  • March 2036
    Lease Expiration
  • 4 x 5 Yr
    Options
  • 4,524
    Building Size (SF)
  • 2021
    Year Built
  • 1.44
    Land Size (AC)
  • Corporate
    Guaranty
  • None
    Landlord Responsibilities

Description

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at  3660 Gandy Blvd., Pinellas Park, FL 33781. The site consists of roughly 4,524 rentable square feet of retail space on an estimated 1.44-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 10 Years Remaining. The annual rent is $344,787 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.

  • The property is positioned at a highly trafficked, signalized hard corner along US Highway 19 (79,000 VPD) and Gandy Boulevard (70,500 VPD), offering exceptional visibility, direct highway access, and strong exposure to both commuter and regional traffic. 
  • The 7-Eleven is located within a highly active retail corridor anchored by major national tenants, including Walmart, Target, Home Depot, and numerous top quick-service restaurant brands, driving consistent consumer traffic and cross-shopping activity.
  • The property benefits from a dense and affluent trade area, with approximately 20,500 residents within 1 mile and over 335,300 residents within 5 miles, supporting strong demand for high-frequency convenience retail. 
  • Ideally located just 12 minutes from Downtown St. Petersburg and 22 minutes from Downtown Tampa, the site captures both local neighborhood traffic and regional commuter flows within the Tampa Bay MSA.

Property Documents

7-Eleven_FL_Pinellas Park

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