FORT PIERCE-FL 7-ELEVEN SINGLE TENANT GROUND- LEASE-BRAND NEW CONSTRUCTION

Click on any image to zoom in.
Status: Active
Price: $1,950,000.00
Type: Commercial
Square Footage: 4,434
Lot Size: 1.95
Year Built: 2021
  • Brand new 15-year lease with 10 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features rare 10% rental increases every (5) years.
  • Throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal,

           Brand New 15-Year Lease | Investment Grade Tenant (S&P: AA-) | Scheduled Rental Increases | Brand New Construction

  • Brand new 15-year lease with 10 (5-year) options to extend, demonstrating their long-term commitment to the site
  • The lease is signed by 7-Eleven, Inc., an investment grade (S&P: AA-), a globally recognized and established convenience store/gas operator (77,000 locations)
  • The lease features a rare 10% rental increase every 5 years and at the beginning of each option period, increasing NOI and hedging against inflation
  • Brand new construction featuring high-quality materials used and 7-Eleven’s traditional styling Absolute NNN Lease | Zero Landlord Responsibilities | No Income Tax State
  • Tenant pays for CAM, taxes, and insurance and maintains all aspects of the premises
  • Investor benefits from fee-simple ownership of the building and land
  • Fee-simple ownership of a convenience store 
  • No landlord responsibilities
  • Ideal management-free investment in a state with no state income

Aerial Photo

Map

Request More Info

« Return

Search