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7-Eleven: Clermont, FL 2605 E Highway 50 2,960 SF Retail Building Clermont, FL 34711 $6,388,300 ($2,158.21/SF) 4.50% Cap Rate

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INVESTMENT HIGHLIGHTS

Opened in 2003, 7-Eleven boasts a long-term operating history of more than 22 years.
Top-Visited Location
Across From Summit Greens | Dense Residential Area

Investors benefit from fee simple ownership of the building and land, allowing for the potential benefits of bonus depreciation.
Surrounded by Shopping Centers

EXECUTIVE SUMMARY

CBRE is pleased to exclusively offer for sale the 2,960 square-foot 7-Eleven on 1.63 acres in Clermont, FL- a component of the broader Orlando-Kissimmee-Sanford MSA (Population: 2.83M). After previously executing its first two, 5-year renewal options, 7-Eleven recently agreed to an early 15-year lease extension. Notably, this extension was secured with minimal rent concessions, demonstrating 7-Eleven's commitment to the location. The lease now features ±18.1 years of term remaining with a 10% rent increase in 2034, 2039 and in each of the two, 5-year renewal options. Opened in 2003, 7-Eleven boasts a long-term operating history of more than 22 years.