7-Eleven Palmetto, FL

4920 Moccasin Wallow Rd
Palmetto, FL

Price: $3338000
Cap Rate: 4.75%
NOI: $158,545
Building Size: Approx. 3109 Sq. Ft.
Lot Size: Approx. 1.32 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2018

Investment Overview

  • 2018 Construction. 3,109+/- SF Building on 1.32+/- Acre Site
  • New 15-Year Corp NNN Lease beginning December 2018
  • Located along Moccasin Wallow, just W of I-75 (61K VPD)
  • Across Imagine Charter School at N Manatee (521 Students)
  • Caddy-corner to Gateway North (1,065-Acres Mix-use Dev)
  • Near Robinson Gateway (228-Acres Mix-Use Development)
  • Palmetto is experiencing Resid, Comm, & Economic Boom
  • 20% Population Increase within a 1-Mile Radius (2000-2018)
  • Economy: Healthcare |Defense| Finance | Retail | Tourism
  • 3-Miles: Est Pop 13,393 | 1-Miles Avg HH Income: $93,009
  • Tampa – St. Petersburg – Clearwater (MSA) | Pop: 4 Million

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