Net-lease investment offering

7-Eleven

42351 Hwy 27, Davenport, FL

$11,326,316Asking price
4.75%Capitalization rate
$538,000Net operating income
20 yearsTerm remaining
Offering memorandumComplete investment materials
Request OM
Teddy Leonard
Teddy LeonardManaging Principal - Austin
Lic # TX: 631339-B
7-Eleven
Corporate-guaranteed · Absolute NNN

Offering Details

Investment Economics
Asking Price$11,326,316
Capitalization Rate4.75%
Net Operating Income$538,000
Lease Profile
Tenant7-Eleven
Lease TypeAbsolute Triple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesNone
Term Remaining20 years
Renewal Options4 x 5 Yr
Property
Property TypeConvenience / fuel
Building Area4,650 SF
Land Area1.64 acres
Year Built2026

Investment Overview

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 42351 Hwy 27 Davenport, FL 33837. The site consists of roughly 4,650 rentable square feet of retail space on an estimated 1.64-acre parcel of land. This 7-Eleven is subject to a 20-year Absolute Triple Net (NNN) Lease with 20 Years Remaining. The annual rent is $538,000 with scheduled 7.5% rental increase Every Five Years, Starting in Year 11, and Option Periods.

  1. 01
    Explosive Population Growth

    Davenport is one of Florida’s fastest-growing cities, up 55% from about 9,000 residents in 2020 to about 14,000 in 2025. Polk County grew 17% over the same period to about 847,000 residents. Neighboring centers report average household incomes of about $98,000 within 3 miles and $101,000 within 5 miles.

  2. 02
    Strong Employer Base

    Polk County’s largest employers include Publix (16,500 employees), Lakeland Regional Health, Walmart, Amazon (5,500) and GEICO. The site is also about 15 miles from Walt Disney World and the Orlando tourism corridor, and close to AdventHealth Heart of Florida on US 27.

  3. 03
    Excellent Visibility

    US 27 carries about 75,225 vehicles per day at the site, and the I-4 interchange is less than 2 miles away. FDOT began work in 2026 to add a southbound lane and redesign the US 27/Posner Blvd intersection to ease congestion at the interchange.

  4. 04
    Dense Retail Corridor

    The site is near the Publix-anchored Shoppes at Citrus Creek, home to Raising Cane’s, Tropical Smoothie Cafe, Fifth Third Bank and Nemours Children’s Health. Posner Park, a roughly 500,000 SF regional center with Target, Best Buy, Dick’s Sporting Goods, Ross and PetSmart, is just north at I-4.

Location & Market

Davenport, FL · 42351 Hwy 27, Davenport, FL

The property is located in Davenport, FL. The map and market indicators below summarize regional access, demographics, and surrounding demand drivers.

Aerial market map for 7-Eleven
75,225Vehicles per day