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29239896
29239895

1545 NE 4th Ave, Fort Lauderdale, FL 33304

KK
NY 10401321452
SURMOUNT
TH
NY 10401399336
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$4,337,551
143 days on market
Updated 143 days ago

7-Eleven

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,519
Cap Rate 5%
NOI $216,878
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type NNN
Lease Term 15.1
Lease Expiration 12/31/2040
Remaining Term 14.6
Lease Options 5, 5 - Year Options
Price per SqFt $1,722
Year Built 1984
Acreage 0.570
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/12/2025
Ownership Fee Simple

Retail | 5.00% CAP | 2,519 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for an absolute triple-net (NNN) lease 7-Eleven located at 1545 Northeast 4th Avenue, Fort Lauderdale, FL 33304. The site consists of roughly 2,519 rentable square feet of building space on an estimated 0.57-acre parcel of land. The marketed annual rent is $216,878 and is scheduled to increase by 10.00% in Year 11 as well as at the start of each of the five, five-year option periods thereafter.

Investment highlights

  • Strong Unit Level Performance & Corporate Guarantee | The property demonstrates proven, strong site - level operating performance, and is further enhanced by a strong corporate guarantee, providing investors with durable, long - term income security backed by corporate - level financial strength. Inquire with listing broker for additional information.

  • Proximity to Downtown Fort Lauderdale | The property is located just 2 miles from Downtown Fort Lauderdale, providing convenient access to the city’s primary employment, entertainment, dining, and cultural hub. Downtown Fort Lauderdale attracts millions of visitors annually, with the Las Olas Boulevard corridor alone drawing approximately 5 million visits per year.

  • Strong Demographics | The subject property benefits from an exceptionally dense surrounding population, with approximately 166,668 residents within a 3 - mile radius and 363,125 residents within a 5 - mile radius. This substantial and concentrated consumer base provides strong demand fundamentals and supports sustained traffic for retail, service, and convenience - oriented tenants seeking consistent daily visitation.

  • Affluent Surrounding Community | The property is situated within a highly affluent trade area, with average household incomes of approximately $95,000 within a 1 - mile radius and $104,000 within a 3 - mile radius. These above - average income levels indicate strong discretionary spending power and support demand for quality retail, dining, and service - oriented uses.

Listing Contacts

KK
NY 10401321452
SURMOUNT
TH
NY 10401399336
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$216,878.00
$18,073.17/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Brian Brockman
License
BK3327646
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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