Auto Service - Gas-Conv
7-ELEVEN PORTFOLIO & ADVANCE AUTO PARTS CENTRAL FL LOCATIONS
7770 Winter Garden Vineland Rd, Windermere, FL 34786
Listing Price: $8,424,000
Cap Rate
5.50%
Tenant Name
7-Eleven, Advance Auto Parts
Years Remaining On Lease
5.9
Guarantor
Corporate Guarantee
Rentable SF
2,925
Lease Type
Ground Lease
Rent Per Square Feet
$158.39
Investment Overview
The Offering includes a total of three single tenant net-leased 7-Eleven’s, and one single tenant net-leased Advance Auto Parts all located in Central Florida specifically: Windermere, FL, Bartow, FL and Clearwater, FL.
Investment Highlights
- 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
- 7-Eleven has Been Operating at this Location Since 1990 and Extended their Lease for 10 Years in 2020 After Exhausting all Renewal Options
- 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
- Two Adjacent National Corporate Guaranteed Tenants | 7-Eleven, Inc & Advance Auto Parts
- This Advance Auto Parts Location Ranks within the Top 20% in Visits Nationwide (Placer Ai.)
- 7-Eleven is Situated at a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 21,400 AADT
Auto Service - Gas-Conv
7-ELEVEN PORTFOLIO & ADVANCE AUTO PARTS CENTRAL FL LOCATIONS
Listing Price: $8,424,000
Cap Rate
5.50%
Tenant Name
7-Eleven, Advance Auto Parts
Years Remaining On Lease
5.9
Guarantor
Corporate Guarantee
Rentable SF
2,925
Lease Type
Ground Lease
Rent Per Square Feet
$158.39
Investment Highlights
- 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
- 7-Eleven has Been Operating at this Location Since 1990 and Extended their Lease for 10 Years in 2020 After Exhausting all Renewal Options
- 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
- Two Adjacent National Corporate Guaranteed Tenants | 7-Eleven, Inc & Advance Auto Parts
- This Advance Auto Parts Location Ranks within the Top 20% in Visits Nationwide (Placer Ai.)
- 7-Eleven is Situated at a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 21,400 AADT
Investment Overview
The Offering includes a total of three single tenant net-leased 7-Eleven’s, and one single tenant net-leased Advance Auto Parts all located in Central Florida specifically: Windermere, FL, Bartow, FL and Clearwater, FL.