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32924176
32924177

3 Locations For Sale

RT
FL BK3015549
Marcus & Millichap - Orlando
DV
FL SL3294062
Marcus & Millichap - Orlando
CB
FL: SL3258770
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando
$8,424,000
61 days on market
Updated 61 days ago

7-ELEVEN PORTFOLIO & ADVANCE AUTO PARTS CENTRAL FL LOCATIONS

Details
APN 36-23-27-5450-01-000, 25-30-06-385600-00800,02-29-15-00000-320-130002-29-15-00000-320-0100,4
Property Type Retail
Sub Type Gas Station
Cap Rate 5.50%
NOI $463,286
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Advanced Auto Parts
Lease Type NNN
Stories 1
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple, Ground Leases

7-ELEVEN PORTFOLIO & ADVANCE AUTO PARTS

Marketing description

Discover a rare Central Florida net-leased portfolio featuring three 7-Eleven assets and one Advance Auto Parts, offered together for $8,424,000 at a 5.50% cap rate with $463,286 in annual income and 100% occupancy. This collection combines strong national-credit tenancy, attractive lease structures, and strategic locations across high-growth Florida markets. 7-Eleven | 7770 Winter Garden Vineland Rd, Windermere, FL is a high-performing outparcel to a Publix-anchored center in an affluent trade area near Disney, with 120,000+ residents within five miles and rare 12% rent increases every five years. 7-Eleven | 1385 US Highway 98, Bartow, FL benefits from a signalized corner location along US-98 with 48,000+ vehicles per day and a long-standing operating history dating back to 1990, plus 15% rent bumps every five years. 7-Eleven & Advance Auto Parts | 1890 & 1898 North Highland Ave, Clearwater, FL offers adjacent corporate-guaranteed tenants at a hard-corner intersection near Clearwater Beach, surrounded by national retailers and more than 200,000 residents within five miles. An ideal opportunity to acquire a diversified, income-producing Florida retail portfolio backed by nationally recognized brands.

Investment highlights

WINDERMERE

Corporate Guaranteed Lease with 7-Eleven, Inc. (S&P: A- Credit Rating)| NNN Ground Lease | No Landlord Responsibilities

7-Eleven has been Successfully Operating at this Location for Over a Decade

Lease Offers Rare 12% Rental Increases Every 5 Years | Next Increase Coming up in May 2028

Outparcel to a 70, 000 Square Foot Publix Anchored Shopping Center with other National Neighboring Retailers Including Starbucks, Panera Bread, Chipotle, McDonald’s, Chase Bank, Regions Bank, Taco Bell and more

Population of 120,000+ within a Five-Mile Radius | 200,000+ Daytime Population within a Five-Mile Radius

Highly Affluent Market with an Average Household Income of $161,874 within a Five-Mile Radius

Ideally Situated at a Hard Corner at the Entrance into Lakeside Village | AADT 27,500+

BARTOW

Corporate Guaranteed 7-Eleven | NNN Ground Lease | No Landlord Responsibilities

7-Eleven has Been Operating at this Location Since 1990 and Extended their Lease for 10 Years in 2020 After Exhausting all Renewal Options

Lease Offers Rare 15% Rental Increases Every 5 Years

7-Eleven has an S&P Investment Grade Credit Rating of “A-” and an Annual Revenue of more than $78.50 Billion

Located at the Southwest Corner of US Highway 98 and Manor Dr, this Gas Station is the Only Gas and Convenience Store Southbound within the City of Bartow

CLEARWATER

Two Adjacent National Corporate Guaranteed Tenants | 7-Eleven, Inc & Advance Auto Parts

7-Eleven, Inc is an Investment Grade Rated Tenant (S&P: A-) | 7-Eleven is the World’s Largest Operator, Franchisor and Licensor of Convenience Stores with 84,500+ Stores in 18 Countries

7-Eleven Extended their Lease in 2021 and Added One Additional 5-Year Renewal Option – Demonstrating a Strong Commitment to this Location

Advance Auto Parts (NYSE: AAP) is the Leading Automotive Aftermarket Parts Provider in North America

This Advance Auto Parts Location Ranks within the Top 20% in Visits Nationwide (Placer Ai.)

National Tenants in Close Proximity Include: Walmart, Planet Fitness, CVS Pharmacy, Dollar Tree, Dunkin Donuts, Checkers and More.

7-Eleven is Situated at a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 21,400 AADT

Listing Contacts

RT
FL BK3015549
Marcus & Millichap - Orlando
DV
FL SL3294062
Marcus & Millichap - Orlando
CB
FL: SL3258770
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$463,286.00
$38,607.17/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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