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7-Eleven 1007 S US Highway 41 3,476 SF 4-Star Retail Building Inverness, FL 34450 $9,192,000 ($2,644.42/SF) 5.10% Cap Rate
INVESTMENT HIGHLIGHTS
- 2020 Construction. 3,476+/- SF Building on 1.52+/- Acre Site
- Strong Corner Location Along Two of the Regions Major Thoroughfares with a combined 50,000+ Vehicles Per Day
- 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
- Attractive Tax Advantages via reinstated Bonus Depreciation
- Neighbors Publix Anchored Shopping Center w/ Several National Credit Tenants (AT&T, Panera, Jersey Mikes, Spectrum & More)
- Inverness, FL | 70 miles Northwest of Orlando and 65 Miles North of Tampa | Population: 7,281+
EXECUTIVE SUMMARY
10 Years Left on Abs. NNN Corp. Lease with 10% Rental Increases Every 5 Years in Primary Term and (4) 5-Year Options
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,476 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2020
Price
$9,192,000
Price Per SF
$2,644.42
Cap Rate
5.10%
NOI
$468,792
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.52 AC
Zoning
F1 - Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20E-19S-18-0030-00000-00A1 | Improvements Assessment | $748,970 |
| Land Assessment | $986,080 | Total Assessment | $1,735,050 |
PROPERTY TAXES
Parcel Number
20E-19S-18-0030-00000-00A1
Land Assessment
$986,080
Improvements Assessment
$748,970
Total Assessment
$1,735,050
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7-Eleven | 1007 S US Highway 41
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