Vacant-User
7-ELEVEN & ADVANCE AUTO PARTS
1890 N Highland Ave, Clearwater, FL 33755
Listing Price: $3,620,122
Cap Rate
5.75%
Rentable SF
3,000
Lot Size
0.59 acres
Year Built
2012
Investment Overview
Two Adjacent National Corporate Guaranteed Tenants | 7-Eleven, Inc & Advance Auto Parts | Both Properties Must Be Purchased Together
7-ELEVEN & ADVANCE AUTO PARTS
Investment Highlights
- 7-Eleven, Inc is an Investment Grade Rated Tenant (S&P: A-) | 7-Eleven is the World's Largest Operator, Franchisor and Licensor of Convenience Stores with 84,500+ Stores in 18 Countries
- 7-Eleven Extended their Lease in 2021 and Added One Additional 5-Year Renewal Option – Demonstrating a Strong Commitment to this Location
- Advance Auto Parts (NYSE: AAP) is the Leading Automotive Aftermarket Parts Provider in North America
- This Advance Auto Parts Location Ranks within the Top 20% in Visits Nationwide (Placer Ai.)
- National Tenants in Close Proximity Include: Walmart, Planet Fitness, CVS Pharmacy, Dollar Tree, Dunkin Donuts, Checkers and More.
- 7-Eleven is Situated at a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 21,400 AADT
- Population Over 200,000 Within a Five-Mile Radius
- Strong Tourism and Population Growth make Clearwater, FL a Prime Spot for Real Estate Investment | Clearwater Beach Consistently Ranks Among the Top Beaches in the U.S.
Listing Price: $3,620,122
Cap Rate
5.75%
Rentable SF
3,000
Lot Size
0.59 acres
Year Built
2012
Investment Highlights
- 7-Eleven, Inc is an Investment Grade Rated Tenant (S&P: A-) | 7-Eleven is the World's Largest Operator, Franchisor and Licensor of Convenience Stores with 84,500+ Stores in 18 Countries
- 7-Eleven Extended their Lease in 2021 and Added One Additional 5-Year Renewal Option – Demonstrating a Strong Commitment to this Location
- Advance Auto Parts (NYSE: AAP) is the Leading Automotive Aftermarket Parts Provider in North America
- This Advance Auto Parts Location Ranks within the Top 20% in Visits Nationwide (Placer Ai.)
- National Tenants in Close Proximity Include: Walmart, Planet Fitness, CVS Pharmacy, Dollar Tree, Dunkin Donuts, Checkers and More.
- 7-Eleven is Situated at a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 21,400 AADT
- Population Over 200,000 Within a Five-Mile Radius
- Strong Tourism and Population Growth make Clearwater, FL a Prime Spot for Real Estate Investment | Clearwater Beach Consistently Ranks Among the Top Beaches in the U.S.
Investment Overview
Two Adjacent National Corporate Guaranteed Tenants | 7-Eleven, Inc & Advance Auto Parts | Both Properties Must Be Purchased Together
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