Auto Service - Gas-Conv
7-ELEVEN
1385 US-98, Bartow, FL 33830
Listing Price: $1,753,676
Cap Rate
5.25%
Tenant Name
7-Eleven
Years Remaining On Lease
3.4
Guarantor
Corporate Guarantee
Rentable SF
2,925
Lease Type
Ground Lease
Rent Per Square Feet
$31.48
Investment Overview
Corporate Guaranteed 7-Eleven | NNN Ground Lease | No Landlord Responsibilities
7-ELEVEN
Investment Highlights
- 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, Subjectis the Only Gas and Convenience Store Southbound within the City of Bartow
- Highway 98 Boasts 48,000+ Vehicles Trafficked Daily | Numerous National Retailers in the Surrounding Area
- Florida is an Income Tax Free State
Listing Price: $1,753,676
Cap Rate
5.25%
Tenant Name
7-Eleven
Years Remaining On Lease
3.4
Guarantor
Corporate Guarantee
Rentable SF
2,925
Lease Type
Ground Lease
Rent Per Square Feet
$31.48
Investment Highlights
- 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, Subjectis the Only Gas and Convenience Store Southbound within the City of Bartow
- Highway 98 Boasts 48,000+ Vehicles Trafficked Daily | Numerous National Retailers in the Surrounding Area
- Florida is an Income Tax Free State
Investment Overview
Corporate Guaranteed 7-Eleven | NNN Ground Lease | No Landlord Responsibilities
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