7 Eleven w/ Boat Fuel Tavernier, FL

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+