Retail    

7-Eleven

 Lakeland, Florida

Asking Price

$6,985,600

Cap Rate

5.15%

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Expenses

Abs. NNN

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Year Built

2019

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Ground Lease

Fee Simple

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NOI

$359,760

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Rent Increases

10% Every 5 Years

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Acreage

1.80 AC

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Investment Grade Tenant (S&P: A) | World’s Largest C-Store Brand
  • Eligible for Bonus Depreciation
  • Top 5% 7-Eleven Nationwide by Visits
  • Lakeland Regional Health Medical Center | 2nd Busiest ER in Nation | 910-Bed Hospital
  • America's Fastest Growing Metro
  • Large 1.80-Acre Parcel at Signalized Corner | Combined 65,500+ Vehicles Per Day
  • Long-Term, Fee Simple 7-Eleven | Absolute NNN Lease | 10% Rent Increases
  • Strong Local Demographics | 151,896 Residents Within 5 Miles | $73,861 Average HH Income

Exclusively Listed By

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com      918.794.9551

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com      918.794.9523

David Annett

Associate Vice President
  dannett@northmarq.com      918.794.9514

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com      918.794.9558

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

In Association With:

Jason Long

FL Broker License #BK3302956

Northmarq

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