7-Eleven

28415 US-27, Leesburg, FL 34748

7-Eleven

Price $13,050,000
CAP Rate 5.20%
Lease Term 14+ Years
Net Operating Income (NOI) $678,479

Property Data

Building Size (SF) 4,888
Land Size (AC) 3.98
Year Built2024

Tenant(s) 7-Eleven
Guaranty Corporate
Lease Type Abs. NNN

Landlord Responsibilities None
Increases 10% Every Five Years

Options 4 x 5 Yr
Rent Commencement 12/1/2024
Lease Expiration 11/30/2039

Offering Memorandum

Contact Broker

About Property

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 28415 US-27, Leesburg, FL 34748. The site consists of roughly 4,888 rentable square feet of retail space on an estimated 3.98-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 14+-Years Remaining. The annual rent is $678,479 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.

Investment Highlights

New 2024 Construction Absolute NNN Lease with 14+ Years Remaining and 4 (5-Year) Options to Extend and 10% rental increases
Corporate-Backed, High-Growth Tenant: 7-Eleven continues nationwide expansion with over 84,000 locations and $8B+ in annual revenue.
Prime Location & Accessibility: Positioned at the signalized intersection of U.S. Highway 27 (41,000 AADT) and County Road 33 (9,700 AADT), with multiple access points drawing over 50,700 vehicles daily and just 1.5 miles from Publix Super Market at Lake Harris shopping center, creating strong traffic and crossover shopping opportunities
Retail Synergy: The site benefits from a dense retail corridor with a mix of national and local tenants including Publix, Advance Auto Parts, Dollar Tree, Dollar General, Popeyes, ACE Hardware, Burger King, McDonald’s, Taco Bell, and more, driving consistent consumer traffic
The Villages Proximity: Just 2.3 miles from The Village of Dabney, part of The Villages expansion—the largest single-site residential development in the U.S. with a 2024 population estimate of 151,565—providing a powerful and growing customer base for the site