7-Eleven w/ Car Wash Vero Beach, FL

7400 20th Street
Vero Beach, FL

Price: $8,413,918
Cap Rate: 4.85%
NOI: $408,075
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 2.1 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 4,650+/- SF Building on 2.10+/- Acre Site
  • Brand New 15 Year Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
  • Signalized, Hard Corner Location at the Intersection of 20th St & 74th St (45,600 VPD Combined)
  • 1 Mile East of Brand New Publix-Anchored Shopping Center & 1 Mile West of Indian River Mall
  • Located at the Entrance to Indian River Estates, a 100 Acre Retirement Community
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Vero Beach  |  7th Richest County in Florida  |  Population: 17,000+