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Auto Service - Gas-Conv

7-Eleven Corporate (Rebel) - 10 Yrs Abs NNN

3100 54th Ave S, St. Petersburg, FL 33712

Listing Price: $4,417,600

Cap Rate
5.25%
Tenant Name
7-Eleven
Years Remaining On Lease
10.2
Guarantor
Franchisee Guarantee
Rentable SF
3,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$74.81

Investment Overview

7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas,
Texas. 7-Eleven operates, franchises, and/or licenses more than 14,000 stores in the U.S. and Canada and 78,000 stores worldwide under the brands 7-Eleven, Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. As the first to provide to-go coffee cups, offer a self-serve soda foundation, operate for 24 hours a day, and coin the phrase “BrainFreeze,” 7-Eleven has a legacy of innovation.
St. Petersburg is a city in Pinellas County, Florida and is the second-most populous city in the Tampa Bay metro area. St. Petersburg is located on the Pinellas peninsula between Tampa Bay and the Gulf of Mexico, and is connected to mainland Florida to the north.

Investment Highlights

  • 10+ Years Remaining on Absolute NNN Lease with 7-Eleven, Inc.
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Relocation from a Longstanding Site - Located at the Corner Since 1986
  • Property Qualifies for Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
  • 154,073 Residents within a 5-Mile Radius - Growing Trade Area in the Tampa Bay MSA

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Auto Service - Gas-Conv

7-Eleven Corporate (Rebel) - 10 Yrs Abs NNN

Listing Price: $4,417,600

Cap Rate
5.25%
Tenant Name
7-Eleven
Years Remaining On Lease
10.2
Guarantor
Franchisee Guarantee
Rentable SF
3,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$74.81

Investment Highlights

  • 10+ Years Remaining on Absolute NNN Lease with 7-Eleven, Inc.
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Relocation from a Longstanding Site - Located at the Corner Since 1986
  • Property Qualifies for Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
  • 154,073 Residents within a 5-Mile Radius - Growing Trade Area in the Tampa Bay MSA

Investment Overview

7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas, Texas. 7-Eleven operates, franchises, and/or licenses more than 14,000 stores in the U.S. and Canada and 78,000 stores worldwide under the brands 7-Eleven, Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. As the first to provide to-go coffee cups, offer a self-serve soda foundation, operate for 24 hours a day, and coin the phrase “BrainFreeze,” 7-Eleven has a legacy of innovation. St. Petersburg is a city in Pinellas County, Florida and is the second-most populous city in the Tampa Bay metro area. St. Petersburg is located on the Pinellas peninsula between Tampa Bay and the Gulf of Mexico, and is connected to mainland Florida to the north.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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