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7-Eleven Ground Lease | Near Disney

7770 Winter Garden Vineland Rd, Windermere, FL 34786

Listing Price: $3,235,000

Cap Rate
4.50%
Tenant Name
7-Eleven, Inc.
Years Remaining On Lease
11.60
Gross SF
2,940
Guarantor
Corporate Guarantee
Rentable SF
2,940
Price/Gross SF
$1,100.34
Lease Type
NNN Ground Lease
Rent Per Square Feet
$49.52

Investment Overview

The subject property is 2012-built 7-Eleven ground lease in Windermere, FL, the highly affluent submarket of Orlando. Ideally situated at the entrance into Lakeside Village, a 70,000+ square foot Publix-anchored shopping center, the property is well positioned for visibility and access to the 25,500 daily traffic. The 1.03+/- acre parcel offers plenty of parking for Panera to continue to thrive. Other retailers within the Lakeside Village development include Starbucks, McDonald’s, Chase Bank, Regions Bank, Taco Bell and more. 7-Eleven, Inc. is signed to a 20-year ground lease that will not expire until April of 2032. There are fixed 12% rental increases very 5 years throughout the lease term. The NNN ground lease structure provides for no landlord responsibilities or expenses.

Investment Highlights

  • ABSOLUTE NNN GROUND LEASE | NO LANDLORD EXPENSES
  • 11.5+ YEARS REMAINING | APRIL, 2032 EXPIRATION
  • 12% INCREASES EVERY 5 YEARS | NEXT INCREASE IN MAY, 2022
  • OUTPARCEL TO PUBLIX ANCHORED SHOPPING CENTER
  • 88,000+ 5-MILE POPULATION | 49% GROWTH SINCE 2010
  • HIGHLY AFFLUENT MARKET | $122,000+ 1-MILE AVERAGE HOUSEHOLD INCOME

Exclusively Listed By

  • Robby Pfeiffer

    Senior Vice President Investments

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Auto Service - Gas-Conv

7-Eleven Ground Lease | Near Disney

Listing Price: $3,235,000

Cap Rate
4.50%
Tenant Name
7-Eleven, Inc.
Years Remaining On Lease
11.60
Gross SF
2,940
Guarantor
Corporate Guarantee
Rentable SF
2,940
Price/Gross SF
$1,100.34
Lease Type
NNN Ground Lease
Rent Per Square Feet
$49.52

Investment Highlights

  • ABSOLUTE NNN GROUND LEASE | NO LANDLORD EXPENSES
  • 11.5+ YEARS REMAINING | APRIL, 2032 EXPIRATION
  • 12% INCREASES EVERY 5 YEARS | NEXT INCREASE IN MAY, 2022
  • OUTPARCEL TO PUBLIX ANCHORED SHOPPING CENTER
  • 88,000+ 5-MILE POPULATION | 49% GROWTH SINCE 2010
  • HIGHLY AFFLUENT MARKET | $122,000+ 1-MILE AVERAGE HOUSEHOLD INCOME

Investment Overview

The subject property is 2012-built 7-Eleven ground lease in Windermere, FL, the highly affluent submarket of Orlando. Ideally situated at the entrance into Lakeside Village, a 70,000+ square foot Publix-anchored shopping center, the property is well positioned for visibility and access to the 25,500 daily traffic. The 1.03+/- acre parcel offers plenty of parking for Panera to continue to thrive. Other retailers within the Lakeside Village development include Starbucks, McDonald’s, Chase Bank, Regions Bank, Taco Bell and more. 7-Eleven, Inc. is signed to a 20-year ground lease that will not expire until April of 2032. There are fixed 12% rental increases very 5 years throughout the lease term. The NNN ground lease structure provides for no landlord responsibilities or expenses.

Exclusively Listed By

  • Robby Pfeiffer

    Senior Vice President Investments

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

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