7-Eleven with Car Wash
Bonus Depreciation - Low Rent
Marketing description
7-Eleven, Inc. is the premier name and largest chain in the convenience-retailing industry. Based in Irving, Texas, 7-eleven operates, franchises and/or licenses more than 85,000 stores in 20 countries.
10+ Year Absolute NNN Corporate Lease, with 10% rental increases every 5 years in both the Primary Term and (4) 5-Year Option Periods.
7-Eleven (S&P rated A) operates in 20 countries and employs over 167,000 people and is the largest chain store operator in the world with 85,000+ stores, 15,000 of which are in North America.
The Subject Property is located less than 20 miles from Downtown Tampa. Tampa is the third-most populated city in Florida after Jacksonville and Miami and is the 52nd most populated city in the United States. The city is part of the Tampa-St. Petersburg-Clearwater, Florida MSA which is a four-county area composed of roughly 3.1 million residents, making it the second-largest MSA in the state and the fourth largest in the Southeastern United States.
The Site is Strategically Located at the intersection of E. Shell Point Rd. and 24th Street NE. (24,500+ VPD).
Less than a mile from a new Amazon Fulfilment Centre that employs over 3,000 people.
The Subject Property is located near many new residential developments: Hawks Landing (400+ homes), Hawks Point (800+ homes) and Wellington North (200+ homes).
Investment highlights
- 10+ Years Remaining on Absolute NNN Lease
- Large Site with Car Wash (1.50+ Acres)
- Located less than 20 miles from Downtown Tampa
- Eligible for Accelerated Depreciation
- High Traffic Location on Hard Corner (11,000+ VPD)
- 10+ Year Absolute NNN Corporate Lease, with 10% rental increases every 5 years in both the Primary Term and (4) 5-Year Option Periods.
- 7-Eleven (S&P rated A) operates in 20 countries and employs over 167,000 people and is the largest chain store operator in the world with 85,000+ stores, 15,000 of which are in North America.
- The Subject Property is located less than 20 miles from Downtown Tampa. Tampa is the third-most populated city in Florida after Jacksonville and Miami and is the 52nd most populated city in the United States. The city is part of the Tampa-St. Petersburg-Clearwater, Florida MSA which is a four-county area composed of roughly 3.1 million residents, making it the second-largest MSA in the state and the fourth largest in the Southeastern United States.
- The Site is Strategically Located at the intersection of E. Shell Point Rd. and 24th Street NE. (24,500+ VPD).
- Less than a mile from a new Amazon Fulfilment Centre that employs over 3,000 people.
- The Subject Property is located near many new residential developments: Hawks Landing (400+ homes), Hawks Point (800+ homes) and Wellington North (200+ homes).
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
