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198 Highway A1a
Satellite Beach, FL 32937
7-Eleven · Retail Property For Sale
EXECUTIVE SUMMARY
Long Term Commitment: 7-Eleven signed a brand new 15 year absolute NNN lease
Investment Grade Credit: 7-Eleven has an S&P rating of A.
Central Satellite Beach Location: The site is positioned in the heart of Satellite Beach, surrounded by established residential neighborhoods and less than one mile from top-rated local schools, community parks, and beachfront amenities.
High-Visibility Location: Positioned directly on Jimmy Buffett Memorial Highway, this site offers exceptional exposure along a major coastal corridor, benefiting from a 2025 traffic count of over 20,000 vehicles per day.
Affluent Local Demographics: Site benefits from an average household income of over $115,000 within 3 miles.
Investment Grade Credit: 7-Eleven has an S&P rating of A.
Central Satellite Beach Location: The site is positioned in the heart of Satellite Beach, surrounded by established residential neighborhoods and less than one mile from top-rated local schools, community parks, and beachfront amenities.
High-Visibility Location: Positioned directly on Jimmy Buffett Memorial Highway, this site offers exceptional exposure along a major coastal corridor, benefiting from a 2025 traffic count of over 20,000 vehicles per day.
Affluent Local Demographics: Site benefits from an average household income of over $115,000 within 3 miles.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,603 SF
Building Class
B
Year Built
1985
Price
$3,259,358
Price Per SF
$1,252.15
Cap Rate
5%
NOI
$162,968
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.53 AC
Zoning
BU-1
PROPERTY TAXES
| Parcel Number | 26-37-23-26-00014.0-0005.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $532,670 |
PROPERTY TAXES
Parcel Number
26-37-23-26-00014.0-0005.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$532,670
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