7-Eleven

705 Commerce Dr, Venice, FL

$6,220,600

Price

5.45%

Cap Rate

$339,028

NOI

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Street
Map
Overview
Cap Rate
5.45%
NOI
$339,028
Building Size
3,010 sqft
Lot Area
1.96 acres
Occupancy
100%
Year Built
2019
Highlights
  • 2019 Class "A" Construction 7-Eleven | Absolute "NNN" Net Lease | No Landlord Obligations
  • New 7-Eleven Prototype - 16 Fueling Positions | 3,010 SF Convenience Store w/ Car Wash on 1.96 Acres
  • Significant Depreciation Benefits - Please Contact Accountant/Tax Advisor
  • 10% Rental Increases Every Five Years Including Options
  • 7-Eleven Corporate Guaranty | S&P AA- Rated
  • Excellent Interstate Location w/ Easy Access to I-75 | Located 20 Miles From Sarasota International Airport
  • Strong Population Growth w/ Multiple New Singe Family Residential Developments
  • Avg. Household Income Exceeds $109,000 Within 1 Mile
  • *Pricing Based on 11/2024 Rent Increase - Seller To Credit at Closing
Location
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