7-Eleven

  • $5,133,031

Overview

  • 7-Eleven
    Tenant(s)
  • $5,133,031
    Price
  • 4.75%
    CAP Rate
  • $243,819
    Net Operating Income (NOI)
  • 9+ Years
    Lease Term
  • 10% Every Five Years
    Increases
  • Abs. NNN
    Lease Type
  • 1/21/2021
    Rent Commencement
  • 1/31/2036
    Lease Expiration
  • 4 x 5 Yr
    Options
  • 3,450
    Building Size (SF)
  • 2021
    Year Built
  • 1.55
    Land Size (AC)
  • Corporate
    Guaranty
  • None
    Landlord Responsibilities

Description

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 930 S Bridge St., Labelle, FL 33935. The site consists of roughly 3,450 rentable square feet of retail space on an estimated 1.55-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 9+Years Remaining. The annual rent is $243,819 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.

    • Strategically located at the signalized intersection of Cowboy Way and SR-29 (22,800 VPD), providing excellent visibility, access, and consistent daily traffic flow. 
    • Surrounded by national and regional retailers including Aldi, McDonald’s Burger King, Taco Bell, Popeyes, Family Dollar, Advance Auto Parts, and Autozone, driving strong consumer traffic and reinforcing the site’s long-term retail viability. 
    • Located within 1 mile of Labelle Regional Airport, the property benefits from nearby employment activity, transient traffic, and continued growth within the immediate trade area. 
    • Features three high-speed diesel lanes and operates at below market rental rates for comparable diesel locations. 

 

Property Documents

7-Eleven_FL_LaBelle_Bridge Street OM

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