3100 54th Ave S - Service Station FOR SALE


Saint Petersburg, FL 33712
$4,417,600 USD
602-687-6766
3100 54th Ave S, Saint Petersburg, FL for Sale
$4,417,600 USD
Service Station - FOR SALE
1/6
null | 5.25% Cap Rate

3100 54th Ave S
Saint Petersburg, FL 33712


HIGHLIGHTS

  • 10+ Years Remaining on Absolute NNN Lease with 7-Eleven, Inc.
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • 154,073 Residents within a 5-Mile Radius - Growing Trade Area in the Tampa Bay MSA
  • Situated Across from Publix Super Market Anchored Center
  • Property Qualifies for Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation

OVERVIEW

7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas, Texas. 7-Eleven operates, franchises, and/or licenses more than 14,000 stores in the U.S. and Canada and 78,000 stores worldwide under the brands 7-Eleven, Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. St. Petersburg is a city in Pinellas County, Florida and is the second-most populous city in the Tampa Bay metro area. St. Petersburg is located on the Pinellas peninsula between Tampa Bay and the Gulf of Mexico, and is connected to mainland Florida to the north.

FOR SALE DETAILS

PRICE

$4,417,600 USD

PRICE/SF

$1,425 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven Corporate (Rebel) - 10 Yrs Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

Undesignated

APN/PARCEL ID

11-32-16-90456-000-0010

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.