7-Eleven

2717 W Hillsborough Ave, Tampa, FL
Deal Type:
Net Lease
Price:
$9,047,000
Cap Rate:
4.85%
Current Rent:
$438,762
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
4, 5-year options
Building Sq. Ft.:
4,747 SF
Rent Increases:
10% Every 5 Years
Site Size:
1.38 Acres

Investment Highlights

  • COMMITMENT: Long term Absolute NNN lease structure with zero landlord responsibilities
  • RENT GROWTH: The lease calls for 10% increases every 5- years, providing a hedge against inflation
  • DUAL CONCEPT: The location features 7-Eleven’s restaurant concept, Laredo Taco
  • LOCATION: The property is located less than 3 miles from the Tampa International Airport ~ 22 million annual passengers
  • HIGH TRAFFIC DESTINATION: The property is located immediately adjacent to Publix Anchored Center featuring over 75,000 VPD at the Intersection
  • DEMOGRAPHICS: Dense infill-market with over 348,000 residents within a 5-mile radius

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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