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Auto Service - Gas-Conv

7-Eleven (New, 15-Year Absolute Net Lease)

10017 State Rd 52, Hudson, FL 34669

Listing Price: $4,500,000

Cap Rate
5.00%
Tenant Name
7-Eleven
Years Remaining On Lease
14.8
Gross SF
2,976
Guarantor
Corporate Guarantee
Rentable SF
2,976
Price/Gross SF
$1,512.10
Lease Type
Absolute Net
Rent Per Square Feet
$1,512.10

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease 7-Eleven in Hudson, FL. The property consists of a 2,976-square-foot, freestanding building that sits on approximately 1.94 acres of land. There are 14.9 years remaining on the lease with 10% rental increases every five years.

Investment Highlights

  • New, 15-Year Absolute Net Lease With 10% Rent Increases Every Five Years
  • Recent Fuel System Upgrade – New Tanks Installed in 2019
  • Signalized Hard Corner Location on State Road 52 and Hicks Road (45,541 VPD)
  • Oversized 1.94 Acre Parcel (84,506 SF)
  • Top 14% Nationwide Among 7-Eleven Locations by Annual Visits
  • More Than 113,847 Residents and 100,037 Employees Within a 5-Mile Radius
  • Located 40 Miles North of Tampa Within the Growing Tampa-St. Petersburg Metro, Home to Over 3.2 Million Residents
  • Located in a Qualified Opportunity Zone

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director / Chief Revenue Officer

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Auto Service - Gas-Conv

7-Eleven (New, 15-Year Absolute Net Lease)

Listing Price: $4,500,000

Cap Rate
5.00%
Tenant Name
7-Eleven
Years Remaining On Lease
14.8
Gross SF
2,976
Guarantor
Corporate Guarantee
Rentable SF
2,976
Price/Gross SF
$1,512.10
Lease Type
Absolute Net
Rent Per Square Feet
$1,512.10

Investment Highlights

  • New, 15-Year Absolute Net Lease With 10% Rent Increases Every Five Years
  • Recent Fuel System Upgrade – New Tanks Installed in 2019
  • Signalized Hard Corner Location on State Road 52 and Hicks Road (45,541 VPD)
  • Oversized 1.94 Acre Parcel (84,506 SF)
  • Top 14% Nationwide Among 7-Eleven Locations by Annual Visits
  • More Than 113,847 Residents and 100,037 Employees Within a 5-Mile Radius
  • Located 40 Miles North of Tampa Within the Growing Tampa-St. Petersburg Metro, Home to Over 3.2 Million Residents
  • Located in a Qualified Opportunity Zone

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease 7-Eleven in Hudson, FL. The property consists of a 2,976-square-foot, freestanding building that sits on approximately 1.94 acres of land. There are 14.9 years remaining on the lease with 10% rental increases every five years.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director / Chief Revenue Officer

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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