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Auto Service - Gas-Conv

7-Eleven I Huge Traffic I Low Rent

5151 Park Blvd N, Pinellas Park, FL 33781

Listing Price: $2,938,300

Cap Rate
3.90%
Tenant Name
7-Eleven
Years Remaining On Lease
11.8
Guarantor
Corporate Guarantee
Rentable SF
2,992
Lease Type
NNN Ground Lease
Rent Per Square Feet
$38.17

Investment Overview

Recently Renovated 7-Eleven Ground Leased Asset: Renovated in 2018, Site Features Over 47,000 Cars Passing Daily at a Signalized Intersection. Lease Extended in 2021 Providing Ideal 1031 Opportunity: Lease Extended to Now Feature 12 Years Showing Tenant Commitment. Rare, Low-Rent Unit Providing Maximum Security: Unit Features One of the Lowest and Most Replaceable Rents in the State of Florida Bolstering Security. Surrounded by Thriving National Retailers: Surrounded by National Retailers Including CVS, Publix, and McDonald's, Among Many Others. Prime Pinellas County Real Estate in Income-Tax Free State: Situated in Florida's Densest County Per Square Mile with Over 284,000 People Living Within a 5-Mile Radius. Ironclad Corporate Guarantee: Lease Corporately Guaranteed by 7-Eleven (S&P Rating of AA-).

Investment Highlights

  • Recently Renovated 7-Eleven Ground Leased Asset: Renovated in 2018, Site Features Over 47,000 Cars Passing Daily at a Signalized Intersection
  • Lease Extended in 2021 Providing Ideal 1031 Opportunity: Lease Extended to Now Feature 12 Years Showing Tenant Commitment
  • Rare, Low-Rent Unit Providing Maximum Security: Unit Features One of the Lowest and Most Replaceable Rents in the State of Florida Bolstering Security
  • Surrounded by Thriving National Retailers: Surrounded by National Retailers Including CVS, Publix, and McDonald's, Among Many Others
  • Prime Pinellas County Real Estate in Income-Tax Free State: Situated in Florida's Densest County Per Square Mile with Over 284,000 People Living Within a 5-Mile Radius
  • Ironclad Corporate Guarantee: Lease Corporately Guaranteed by 7-Eleven (S&P Rating of AA-)

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Auto Service - Gas-Conv

7-Eleven I Huge Traffic I Low Rent

Listing Price: $2,938,300

Cap Rate
3.90%
Tenant Name
7-Eleven
Years Remaining On Lease
11.8
Guarantor
Corporate Guarantee
Rentable SF
2,992
Lease Type
NNN Ground Lease
Rent Per Square Feet
$38.17

Investment Highlights

  • Recently Renovated 7-Eleven Ground Leased Asset: Renovated in 2018, Site Features Over 47,000 Cars Passing Daily at a Signalized Intersection
  • Lease Extended in 2021 Providing Ideal 1031 Opportunity: Lease Extended to Now Feature 12 Years Showing Tenant Commitment
  • Rare, Low-Rent Unit Providing Maximum Security: Unit Features One of the Lowest and Most Replaceable Rents in the State of Florida Bolstering Security
  • Surrounded by Thriving National Retailers: Surrounded by National Retailers Including CVS, Publix, and McDonald's, Among Many Others
  • Prime Pinellas County Real Estate in Income-Tax Free State: Situated in Florida's Densest County Per Square Mile with Over 284,000 People Living Within a 5-Mile Radius
  • Ironclad Corporate Guarantee: Lease Corporately Guaranteed by 7-Eleven (S&P Rating of AA-)

Investment Overview

Recently Renovated 7-Eleven Ground Leased Asset: Renovated in 2018, Site Features Over 47,000 Cars Passing Daily at a Signalized Intersection. Lease Extended in 2021 Providing Ideal 1031 Opportunity: Lease Extended to Now Feature 12 Years Showing Tenant Commitment. Rare, Low-Rent Unit Providing Maximum Security: Unit Features One of the Lowest and Most Replaceable Rents in the State of Florida Bolstering Security. Surrounded by Thriving National Retailers: Surrounded by National Retailers Including CVS, Publix, and McDonald's, Among Many Others. Prime Pinellas County Real Estate in Income-Tax Free State: Situated in Florida's Densest County Per Square Mile with Over 284,000 People Living Within a 5-Mile Radius. Ironclad Corporate Guarantee: Lease Corporately Guaranteed by 7-Eleven (S&P Rating of AA-).

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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