STREAM Capital Partners > Properties > All Properties > 7-Eleven

7-Eleven

Net Lease

NWC of NW 7th Street and NW 45th Avenue, Miami, Florida
Ownership Type:
Fee Simple
Price:
$10,433,333
Cap Rate:
4.5%
Current Rent:
$469,500
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
4 x 5 Year
Building Sq. Ft.:
4,688 SF
Rent Increases:
10% Every 5 Years
Site Size:
1.0 Acres

Investment Highlights

  • Brand new (2023) construction with zero landlord responsibilities and 10% increases throughout initial term and options periods
  • Flagship location for 7-Eleven in Miami, FL
  • Dense infill-market with over 622,000 residents within a 5-mile radius
  • Centrally located in close proximity to Miami International Airport and rental car center
  • Situated on the signalized hard-corner of the heavily traveled NW 7th Avenue with a daily traffic count of more than 31,500 vehicles
  • Fee-simple ownership allows an investor to accelerate depreciation
  • Nearby National Retailers include: Publix, McDonalds, Burlington, First Watch, Walgreens, Burger King, TD Bank, Office Depot, CVS, Starbucks, Panda Express and IHOP
Ownership Type:
Fee Simple
Price:
$10,433,333
Cap Rate:
4.5%
Current Rent:
$469,500
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
4 x 5 Year
Building Sq. Ft.:
4,688 SF
Rent Increases:
10% Every 5 Years
Site Size:
1.0 Acres

Listing Agents

Connor Shell

Managing Director
407.913.9009[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

Dean Copans

Managing Director
650 465 3993[email protected]

Broker of Record: Sasha Dominguez, Lic: BK3339010

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