Net-lease investment offering

7-Eleven

2474 Fencepost Drive, Odessa, FL

$6,641,053Asking price
4.65%Capitalization rate
$308,808Net operating income
15 yearsTerm remaining
Offering memorandumComplete investment materials
Request OM
Teddy Leonard
Broker contactsTeddy Leonard
Contact Brokers
7-Eleven
Corporate-guaranteed · Absolute NNN

Offering Details

Lease Economics
Tenant7-Eleven
Lease TypeAbsolute Triple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesNone
Initial Lease TermAvailable upon request
Term Remaining15 years
Rent CommencementAvailable upon request
Lease ExpirationAvailable upon request
Rental IncreasesAvailable upon request
Renewal Options4 x 5 Yr
Real Estate
Building Area4,680 SF
Land Area1.13 acres
Year Built2021
Ownership InterestAvailable upon request
Property TypeConvenience / fuel
MarketOdessa, FL
Address2474 Fencepost Drive, Odessa, FL

Investment Overview

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 2474 Fencepost Dr. Odessa, FL 33556. The site consists of roughly 4,680 rentable square feet of retail space on an estimated 1.13-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 15 Years Remaining. The annual rent is $308,808 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.

  1. 01
    High Traffic Counts

      Positioned directly off SR-54 with traffic counts exceeding 57,000 vehicles per day, providing excellent visibility and consistent consumer exposure.

  2. 02
    Established Retail Corridor

    Located within a dense shopping center anchored by nationally recognized tenants including Lowe’s, Publix, Texas Roadhouse, Andy’s Frozen Custard, and Dave’s Hot Chicken, driving strong daily foot traffic.

  3. 03
    Great Demographics

      Affluent surrounding area with average household incomes exceeding $144,294 across more than 25,800 households within a five-mile radius.

  4. 04
    Just Outside Tampa

      Ideally situated approximately 25 minutes north of Tampa.

  5. 05
    Dense Residential Base

    The subject property is surrounded by more than 2,000 residential units within the immediate trade area and is strategically positioned to serve the rapidly growing Starkey Ranch master-planned community, providing a strong and expanding customer base.

Aerial market map for 7-Eleven
57,000Vehicles per day
$144,294Average household income
25,800Households within five miles
25 minutesDrive time to Tampa
2,000Nearby residential units