7-Eleven

8959 N Tamiami Trl, Venice, FL 34293

7-Eleven

Price $6,960,240
CAP Rate 5.00%
Lease Term 15 Years
Net Operating Income (NOI) $348,012

Property Data

Building Size (SF) 4,542 SF
Land Size (AC) 1.416
Year Built2025

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

Landlord Responsibilities None
Increases 10% Every Five Years

Options 4 x 5 Yr
Rent Commencement Q2 2025
Lease Expiration Q2 2040

Offering Memorandum

Contact Broker

About Property

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 8959 S Tamiami Trl Venice, FL 34293. The site consists of roughly 4,542 rentable square feet of retail space on an estimated 1.416-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease. The annual rent is $348,012 with scheduled 10% Every Five Years in Primary Term and Option Periods.

Investment Highlights

Hard Corner Signalized Location (63,500 VPD) | Adjacent to Costco & Publix | Near CoolToday Park • Hard corner signalized location at the intersection of N River Rd (24,000 VPD) & N Tamiami Trail (39,500 VPD) • Subject property is adjacent to a Publix and Costco • The property is near CoolToday park, the spring training facility of the Atlanta Braves
5-Miles (9 Minutes) From Shoppes of North Port | Close Proximity to Several Country Clubs | Several Communities Under Development • 5-Miles (9 Minutes) from the Shoppes of North Port with tenants Lowe’s, The Home Depot, Aldi, Publix, Hobby Lobby, Five Below, Dick’s, TJ Maxx, Dollar Tree, Old Navy, McDonalds & more • Several country clubs nearby including Myakka Pines, Plantation Country Club & Sarasota Country Club • Growing area with several new communities under development