Lutz, FL - 7-Eleven

Description:

• The tenant, 7-Eleven, currently has 12+ years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases throughout the initial term and at the beginning of each option to extend, increasing the NOI and providing a hedge against inflation
• 7–Eleven, Inc. is the premier name in the convenience-retailing industry. Based in Irving, Texas, 7–Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada

• The asset is located at the newly constructed full access intersection of State Highway 54 and Wingshooter Way
• State Highway 54 is the main throughfare serving the area between I-41 and
I- 595
• Adjacent to a brand-new Tampa General Hospital and an Andy’s Frozen Custard currently under construction
• Located directly across from The Shoppes at Sunlake Centre, a Publix-anchored shopping center that ranks in the top 82% of all neighborhood centers nationwide according to Placer.ai

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Listing ID: a28TP000003OEJRYA4