Boynton Beach, FL - 7-Eleven

Description:

Brand New 15-Year Lease | Investment Grade Tenant (S&P: A) | Scheduled Rental Increases | Brand New Construction
• Brand new 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is signed by 7-Eleven, Inc., an investment grade (S&P: A), a globally recognized and established convenience store/gas operator (77,000 locations)
• The lease features a rare 10% rental increase every 5 years and at the beginning of each option period, increasing NOI and hedging against inflation
• Brand new construction featuring high quality materials used and 7-Eleven’s traditional styling
Absolute NNN (Ground Lease) | Land Ownership | Zero Landlord Responsibilities | No Income Tax State
• Tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises
• Investor benefits from fee-simple ownership of the land
• No landlord responsibilities
• Ideal management-free investment in a state with no state income tax

Signalized, Hard Corner Intersection | Primary Thoroughfares | Outparcel of The Stables: Shoppes & Commerce Park
• Subject property is strategically located at the signalized, hard corner intersection of S. Military Trail and Woolbright Road (61,700 VPD combined)
• S. Military Trail and Woolbright Road are primary thoroughfares serving S. Florida and the immediate trade area
• 7-Eleven is positioned as an outparcel to The Stables, a 80,000+ SF shopping center anchored by Publix and includes 200,000+ SF of Flex Office & Industrial space
The Village of Golf Community | Affluent Median Home Value
• 7-Eleven is located within the Village of Golf, a unique golfing community that distinct from any other region of South Florida
• The Village of Golf boasts a $918,000 median home value
Strong Demographics In 5-Mile Radius
• More than 280,000 residents and 89,000 employees support the trade area
• Features an average household income of $105,124

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Listing ID: a288X000003lxssQAA