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- LoopNet Team
9998 Sunset Strip
Sunrise, FL 33322
7-Eleven · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
ABOUT 9998 SUNSET STRIP , SUNRISE, FL 33322
Marcus & Millichap is pleased to present for sale a 7-Eleven gas and convenience store located in Sunrise, Florida, 11 miles west of Fort Lauderdale. Built in 2000, the property consists of a freestanding building with a Gross Leasable Area (GLA) of approximately 3,248 square feet and a gas station with six gas pumps, situated on a 1.62-acre lot. 7-Eleven is on a corporately guaranteed, Triple-Net (NNN) lease with 10 years remaining in the base term (January 2028 expiration) and three, five-year extension options. The lease calls for 10% increases every five years, including the option periods. The lease is guaranteed by 7-Eleven, Inc., the world’s leading convenience store with an S&P credit rating of AA- and a Moody’s credit rating of Baa1. Less than 3 miles from the subject property is the BB&T Center, a 24,000-seat indoor arena - home to the Florida Panthers of the NHL, helping drive additional traffic to the immediate area.
PROPERTY TAXES
| Parcel Number | 49-41-29-19-0050 | Improvements Assessment | $1,267,600 |
| Land Assessment | $1,726,120 | Total Assessment | $2,993,720 |
PROPERTY TAXES
