Net-lease investment offering
7-Eleven
16000 S Military Trl, Delray Beach, FL 33484, USA
$7,364,210Asking price
4.75%Capitalization rate
$344,787Net operating income
10 yearsTerm remaining
Offering memorandumComplete investment materials
Request OM
Corporate-guaranteed · Absolute NNNOffering Details
Lease Economics
Tenant7-Eleven
Lease TypeAbsolute Triple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesNone
Initial Lease TermAvailable upon request
Term Remaining10 years
Rent CommencementAvailable upon request
Lease ExpirationAvailable upon request
Rental IncreasesAvailable upon request
Renewal Options4 x 5 Yr
Real Estate
Building Area4,524 SF
Land Area1.44 acres
Year Built2021
Ownership InterestAvailable upon request
Property TypeConvenience / fuel
MarketDelray Beach, FL
Address16000 S Military Trl, Delray Beach, FL 33484, USA
Investment Overview
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.
- 01The 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.
- 02The 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.
- 03The 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.
- 04Ideally 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.

79,000Vehicles per day
70,500Vehicles per day
20,500Residents within 1 miles
335,300Residents within 5 miles
