Vacant-User

7-Eleven Real Estate & Business Opportunity- Miami Beach

6348 Collins Ave, Miami Beach, FL 33141

Listing Price: $11,250,000

Cap Rate
8.79%
Gross SF
3,058
Rentable SF
3,058
Price/Gross SF
$3,678.88
Lot Size
0.48 acres
Year Built
1968

Investment Overview

Marcus & Millichap is pleased to present 6348 Collins Avenue, a 7-Eleven convenience store with on-site gasoline pumping station. The gas convenience store property has the distinct advantage of having virtually no competition within this portion of the Miami Beach peninsula. It has historic high sales volumes that have been steadily increasing annually, as have gross profits. It has been operating at this location since 2009. Miami Beach is a coastal resort city in Miami-Dade County, Florida. The city has been one of America's pre-eminent beach resorts for almost a century. The city has a rich history as a trend-setting center of arts, culture and nightlife, from the world- famous nightclubs of the 1950's to the rich cultural life of today's South Beach. 7-Eleven is the world’s largest operator, franchisor and licensor of convenience stores. The typical outlet is open late hours and carries a limited stock of food, drinks, and other high turn over products. Although a subsidiary of the Tokyo-based Seven & i Holdings, 7-Eleven is headquartered in Dallas.

Investment Highlights

  • Fee Simple Acquisition of Real Estate and Business
  • Trophy Location in Miami Beach | Frontage on Collins Avenue –19,000+ Vehicles Per Day
  • Flexibility to Rebrand Business Operation
  • 11+ Years Operating History as a 7-Eleven
  • $100,000+ Average Household Income Within One Mile | Surrounded by High-End Hotels, Condominiums and Multifamily
  • High Barrier Entry for Competition in Surrounding Area | Located Directly Across from Public Beach Access and Parking

Exclusively Listed By

Vacant-User

7-Eleven Real Estate & Business Opportunity- Miami Beach

Listing Price: $11,250,000

Cap Rate
8.79%
Gross SF
3,058
Rentable SF
3,058
Price/Gross SF
$3,678.88
Lot Size
0.48 acres
Year Built
1968

Investment Highlights

  • Fee Simple Acquisition of Real Estate and Business
  • Trophy Location in Miami Beach | Frontage on Collins Avenue –19,000+ Vehicles Per Day
  • Flexibility to Rebrand Business Operation
  • 11+ Years Operating History as a 7-Eleven
  • $100,000+ Average Household Income Within One Mile | Surrounded by High-End Hotels, Condominiums and Multifamily
  • High Barrier Entry for Competition in Surrounding Area | Located Directly Across from Public Beach Access and Parking

Investment Overview

Marcus & Millichap is pleased to present 6348 Collins Avenue, a 7-Eleven convenience store with on-site gasoline pumping station. The gas convenience store property has the distinct advantage of having virtually no competition within this portion of the Miami Beach peninsula. It has historic high sales volumes that have been steadily increasing annually, as have gross profits. It has been operating at this location since 2009. Miami Beach is a coastal resort city in Miami-Dade County, Florida. The city has been one of America's pre-eminent beach resorts for almost a century. The city has a rich history as a trend-setting center of arts, culture and nightlife, from the world- famous nightclubs of the 1950's to the rich cultural life of today's South Beach. 7-Eleven is the world’s largest operator, franchisor and licensor of convenience stores. The typical outlet is open late hours and carries a limited stock of food, drinks, and other high turn over products. Although a subsidiary of the Tokyo-based Seven & i Holdings, 7-Eleven is headquartered in Dallas.

Exclusively Listed By

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