7-Eleven

1515 63rd Ave E, Bradenton, FL
Deal Type:
Net Lease
Price:
$7,145,700
Cap Rate:
5.00%
Current Rent:
$357,285
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 15 years
Renewal Options:
4, 5-year options
Building Sq. Ft.:
4,650 SF
Rent Increases:
10% every 5 years
Site Size:
3.086 Acres

Investment Highlights

  • Brand new 15-year lease with attractive 10% increases every 5-years
  • Property features 7-Eleven’s restaurant component, Laredo Taco
  • Strategic hard corner location with daily traffic of more than 30,200 vehicles per day (combined at intersection)
  • The asset is located in a high growth market of Sarasota seeing 28% YOY population growth
  • Located less than 5 miles from Sarasota International Airport ~ 3.1 million annual passengers
  • High speed diesel facility ~ 15 Million SF of existing industrial within three miles

Listing Agents

Connor Shell

Managing Director
407 913 9009
Connor@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

Jonathan Wolfe: Lic: BK3502717

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