Listed by Stonecliff
$7,364,210
16000 S MILITARY TRL DELRAY BEACH FL 33484
Details
APN 12-42-46-25-10-003-0000
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,531
Cap Rate 4.75%
NOI $349,800
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 08/01/2036
Remaining Term 10.1
Rent Bumps Yes
Lease Options Four (4), Five (5) Year Options
Price per SqFt $2,910
Year Built 2021
Stories 1
Acreage 0.880
Tenant Credit Corporate Guarantee
Lease Commencement 08/01/2021
Ground Lease No
SIGNALIZED LOCATION (87,500 VPD) | 85TH PERCENTILE NATIONAL C-STORE (Placer) | MIAMI MSA
Investment highlights
- Strong Traffic Counts: Hard-corner, signalized location at the intersection of Linton Blvd and Military Trail with combined traffic counts exceeding 87,500 VPD.
- Near Delray Medical Center: The subject property is located near Delray Beach Medical Center with 536 licenses beds, over 1,700 employees and approximately 700 Physicians.
- Walmart & Aldi Shadow Anchored: The 7-Eleven is shadow-anchored by both by a Walmart Supercenter and an Aldi.
- Outstanding Demographics: There are over 13,000 residents within a 1-mile radius of the property with an average household income exceeding $102,519.
- High Barriers to Entry: This is the only gas station servicing the major intersection with nearby gas stations aproximitely 1.5 Miles away
Listing Contacts
Listed by Stonecliff
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$349,800.00
$29,150.00/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
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Zoning
PC PlannedPlanned Commercial
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View all 38 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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