Listed by Stonecliff
$7,258,611
7-Eleven - Pinellas Park, FL
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,524
Cap Rate 4.75%
NOI $344,784
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 03/31/2036
Remaining Term 9.8
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $1,604
Acreage 1.440
Investment Type Net Lease
Lease Commencement 03/05/2021
7-Eleven in Tampa MSA | 97th Percentile Store | $7.258M
Investment highlights
- The property is positioned at a highly trafficked, signalized hard corner along US Highway 19 (79,000 VPD) and Gandy Boulevard (70,500 VPD), offering exceptional visibility, direct highway access, and strong exposure to both commuter and regional traffic.
- The 7-Eleven is located within a highly active retail corridor anchored by major national tenants, including Walmart, Target, Home Depot, and numerous top quick-service restaurant brands, driving consistent consumer traffic and cross-shopping activity.
- The property benefits from a dense and affluent trade area, with approximately 20,500 residents within 1 mile and over 335,300 residents within 5 miles, supporting strong demand for high-frequency convenience retail.
- Ideally located just 12 minutes from Downtown St. Petersburg and 22 minutes from Downtown Tampa, the site captures both local neighborhood traffic and regional commuter flows within the Tampa Bay MSA.
Listing Contacts
Listed by Stonecliff
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$344,784.00
$28,732.00/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
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