11900 S Orange Ave
Orlando, FL 32824
7-Eleven | Orlando, FL · Retail Property For Sale

Marcus & Millichap is pleased to present for sale this single-tenant, absolute triple-net lease 7-Eleven investment opportunity located at 11900 South Orange Avenue in Orlando, Florida. The property consists of a 1.22-acre parcel improved with a 2,700-square foot building and fueling canopy with 12 pumps. The property is subject to a 12-year corporate 7-Eleven lease with nine years remaining on the base term and two five-year options to renew. The current annual base rent is set at $180,000 with a 10 percent increase every five years in the base term as well as in each option period. The lease is currently in it's third year and the next scheduled increase is in two years. The property is strategically positioned on Orange Avenue, a major road connecting Kissimmee and Orlando with exposure to more than 43,000 vehicles per day. The property is also located less than one-half mile from the Meadow Woods SunRail Station which opened in July of 2018. SunRail is a commuter rail system that operates 16 stations in the greater Orlando area.