7-Eleven

Highlights:

• BONUS DEPRECIATION OPPORTUNITY - Fee simple ownership of the land and building may allow eligible improvements to qualify for accelerated depreciation through a cost segregation study, potentially providing significant tax benefits.
• CORPORATE-GUARANTEED ABSOLUTE NNN LEASE - Leased to 7-Eleven under an absolute NNN lease with zero landlord responsibilities, providing passive ownership and predictable cash flow.
• PRIME SIGNALIZED CORNER LOCATION - Strategically positioned at the intersection of Moccasin Wallow Road and Gateway Boulevard, offering excellent visibility and convenient access.
• EXCELLENT INTERSTATE ACCESS & TRAFFIC - Located less than half a mile from I-75 (61,000+ VPD), providing strong regional connectivity and daily consumer exposure.
• RAPIDLY GROWING TRADE AREA - Immediate population has increased 21.3% within a 1-mile radius, supported by significant residential and commercial development.
• PART OF MAJOR 1,065-ACRE MIXED-USE DEVELOPMENT - Located within Phase I of Gateway North, a master-planned community featuring residential, retail, office, and industrial uses.
• SIGNIFICANT RESIDENTIAL EXPANSION - Gateway North is planned to include 1,685 single-family homes, 722 multifamily units, and 393 townhomes, supporting future consumer demand.
• SUBSTANTIAL COMMERCIAL DEVELOPMENT - Gateway North plans include 445,200 SF of retail, 965,500 SF of office, and 397,500 SF of industrial space, creating additional employment and traffic generators.
• SURROUNDED BY NATIONAL RETAILERS - Nearby retailers include Walmart, Walgreens, CVS, McDonald's, Burger King, AutoZone, O'Reilly Auto Parts, and Ace Hardware, reinforcing the area's retail appeal.
• STRATEGIC TAMPA BAY AREA LOCATION - Situated approximately 14 miles north of Sarasota and 30 miles south of Tampa, providing convenient access to two major Florida markets.

Description:

Single-tenant retail investment opportunity featuring a 3,109 SF freestanding 7-Eleven at 4920 Moccasin Wallow Road in Palmetto, Florida. This street retail asset consists of one unit and is currently 100% occupied, offering investors an established, income-producing property profile.

Built in 2018, the property presents modern construction within a PD-MU zoning designation. With one building and a straightforward single-tenant configuration, this offering is well suited for investors seeking a stabilized retail asset backed by a nationally recognized convenience store brand.

Palmetto, FL - A Growing Gulf Coast Community with Strong Regional Connectivity

Location & Regional Connectivity
Palmetto, Florida is strategically located in Manatee County, along the northern shore of the Manatee River, directly across from Bradenton and approximately 15 miles south of St. Petersburg. Positioned near Interstate 75 and U.S. Highway 41, the city offers convenient access to Tampa, Sarasota, and the broader Tampa Bay metropolitan region. Its location between two major economic centers provides businesses and residents with access to regional employment opportunities, transportation infrastructure, and a growing consumer base.

Community & Demographics
With a population of approximately 13,000 residents, Palmetto offers a blend of small-town charm, waterfront living, and suburban convenience. The city benefits from the continued population expansion of Manatee County, which is home to more than 400,000 residents. Palmetto's proximity to Bradenton, Sarasota, and Tampa makes it attractive to families, working professionals, and retirees seeking a coastal lifestyle with convenient access to major urban amenities.

Economic Drivers & Employment
Palmetto's economy is supported by a diverse mix of healthcare, retail, agriculture, construction, tourism, and professional services. The city benefits from its proximity to major employment centers throughout Manatee County and the greater Tampa Bay region. Nearby Port Manatee (Port of Manatee) serves as an important regional maritime and logistics hub, supporting international trade, distribution, and industrial activity. Continued residential and commercial development throughout the region further supports employment opportunities and local economic activity.

Retail & Commercial Development
Palmetto's commercial landscape features a mix of national retailers, local businesses, restaurants, and service-oriented establishments serving residents throughout northern Manatee County. The city has also experienced significant investment in its waterfront and downtown districts, highlighted by the Palmetto Marriott Resort & Spa and the renovated Bradenton Area Convention Center. These developments are helping expand tourism, business travel, and consumer activity throughout the area.

Growth & Investment Outlook
Palmetto benefits from the continued expansion of Florida's Gulf Coast region, with Manatee County's population reaching approximately 468,000 in 2025, an increase of more than 17% since 2020. Planned mixed-use developments, infrastructure improvements, and downtown revitalization projects are further strengthening the city's commercial appeal. These investments support additional opportunities for retail, hospitality, healthcare, and service-oriented businesses.

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