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

Access Offering Memorandum

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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