90270 Overseas Highway
Tavernier, FL
Price:
$5,800,000
Cap Rate:
5.00%
NOI:
$290,000
Building Size:
Approx. 3,010 Sq. Ft.
Lot Size:
Approx. 0.689 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2021 Construction. 3,010+/- SF Building on 0.689+/- Acre Site
- 13 Years Remaining on a Corporate Absolute NNN Lease w/ 10% Rent Bumps Every 5 Years and (4), 5-Year Options
- Only 7-Eleven in the Florida Keys – 6 MPDs & Two Boat MPDs on the Back Dock
- Located Directly off Overseas Hwy (32,536 VPD) – Stretched 113 Miles Between Miami & Key West
- 1 Mile From Dense Retail Corridor: Tenants Including Winn Dixie, Family Dollar, CVS, Subway, & Many More
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- The Florida Keys | One of the Most Traveled to Vacation Spots in U.S. | Population: 82,847+