Fort Lauderdale, FL - 7-Eleven

Description:

SRS Real Estate Partners-SOFLO LLC is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased 7-Eleven investment property, located in Fort Lauderdale, Florida. The tenant, 7-Eleven, Inc., carries an investment-grade S&P credit rating of A- and has approximately 10 years remaining with four (5-year) options to extend. The lease features 10% rental increases every five years, with the tenant responsible for taxes, insurance, and ongoing maintenance. The fee simple acquisition may also offer attractive bonus depreciation benefits, subject to applicable tax requirements.

The subject property is strategically positioned at the signalized intersection of W Sunrise Boulevard and NW 27th Avenue, which experience approximately 76,600 combined vehicles per day. The property benefits from excellent visibility and convenient access to Interstate 95.

The surrounding retail corridor features numerous national credit tenants, including Walmart, Publix, Walgreens, CVS, McDonald’s, Dunkin’, KFC, Taco Bell, AutoZone, and Dollar Tree. Nearby shopping destinations include Lauderhill Mall and Lauderhill Plaza, further supporting consumer traffic. The property also benefits from proximity to Dillard High School and Interstate 95, providing convenient access to surrounding residential communities and employment centers.

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Listing ID: a28TP000003d0w5YAA