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7-Eleven 9695 Gulf Blvd 2,639 SF Retail Building Treasure Island, FL 33706 $3,891,400 ($1,474.57/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Absolute NNN Lease | 10% Rent Increase in 2036
- Excellent Access & Visibility | Less Than 13 Miles from Downtown St. Petersburg | Located at a Hard-Corner Signalized Intersection
- Affluent Demographics | 3-Mile Population of 36,322 and 3-Mile Average Annual Household Income of $132,323
- Long Term Operating History (40+ Years)
- Highly Residential Area | Sunset Beach Neighborhood | 2,640 Households & 1,907 Multifamily Units within 1 Mile
- Tampa Bay MSA Advantage (Population: 3.36M+)
EXECUTIVE SUMMARY
The CBRE Net Lease Property Group is pleased to offer for sale the 2,639-square-foot 7-Eleven gas station and convenience store situated on 0.55 acre in Treasure Island, FL — part of the Tampa-St. Petersburg-Clearwater, FL MSA (Population: 3.36M+). Previously part of a sale-leaseback transaction, 7-Eleven’s 15-year absolute NNN lease commenced in December 2025 and features 10% rent increases in January 2036 (year 11) and in each of the five, 5-year renewal options. The site has operated as a 7-Eleven since its construction in 1985, demonstrating Tenant’s continued commitment to the location.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,639 SF
Building Class
C
Year Built
1985
Price
$3,891,400
Price Per SF
$1,474.57
Cap Rate
5%
NOI
$194,570
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.55 AC
Parking
15 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
163’ on Gulf Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 26-31-15-78804-009-0030 | Improvements Assessment | $278,613 |
| Land Assessment | $876,387 | Total Assessment | $1,155,000 |
PROPERTY TAXES
Parcel Number
26-31-15-78804-009-0030
Land Assessment
$876,387
Improvements Assessment
$278,613
Total Assessment
$1,155,000
CONTACTS
-
Christopher Bosworth -
Brian Pfohl -
Thomas Carr -
Mark Drazek -
Kaitlyn Wolf -
Leah Lindell -
Abby Kelly -
Katie Goldberg -
CBRE, Inc.
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7-Eleven | 9695 Gulf Blvd
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