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7-Eleven 1101 S Sumter Blvd
4,034 SF Retail Building North Port, FL 34287 £4,374,216 (£1,084/SF) 5% Net Initial Yield
Investment Highlights
- Over 600 brand new apartments constructed across the street
- Brand new lease extension indicating the tenants commitment to the location
- Property is located on a hard corner traffic light regulated intersection seeing about 30,000 VPD
- North Port Florida is ranked the number 1 fastest growing small city in the United States according to Money Geek
- Florida is an income tax free state
- 7-Eleven has successfully operated at this site for 22+ years
Executive Summary
Located in a rapidly developing area with new apartment complexes on the horizon, this 7-Eleven is perfectly positioned for growth. The surrounding national retailers provide a robust commercial environment, driving additional customer traffic and reinforcing the value of your investment.
Don’t miss out on this chance to secure a stable asset in a thriving market located just 36 miles away from Siesta Key and 45 miles from Fort Myers!
Property Facts
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- 4,034 SF
- -
- Triple Net
- Aug 2037
In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 4,034 SF | - | Triple Net | Aug 2037 |
PROPERTY TAXES
| Parcel Number | 0977-03-0010 | Improvements Assessment | £856,065 |
| Land Assessment | £946,800 | Total Assessment | £1,802,865 |
PROPERTY TAXES
-
Nicolas Anzalone -
Silber Investment Properties, LTD
Presented by
7-Eleven | 1101 S Sumter Blvd
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