7-Eleven-Brand New 2026 Construction 1090 N Homestead Blvd 4,899 SF Retail Building Homestead, FL 33033 $16,258,728 CAD ($3,318.78 CAD/SF) 5% Cap Rate

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a new construction, corporate-guaranteed 7-Eleven with convenience store that includes multiple restaurant concepts and fuel service on multiple pump islands. It is located on US1 which is the primary north/south transportation corridor serving the eastern seaboard of the United States. This brand new 7-Eleven is subject to a 15-year absolute triple-net (NNN) lease with four (4) five-year options to extend and 10% rent increases every five years, offering a passive, long-term income stream with built-in inflation protection. It is a relocation store from across the street, which was essential to fulfill the needs of the market.
The subject property features 7-Eleven’s latest “New Standard” prototype, situated on an oversized 1.33-acre parcel of land with a 4,899 SF convenience store. Designed to optimize operations and customer experience, the New Standard format includes upgraded store layouts, expanded food and beverage offerings, and enhanced fuel service capabilities. The site includes a full-service gas station with 4 pump islands, storage tanks, and a large canopy. The store is expected to open its doors to the public in June 2026.
This new 7-Eleven is located at the signaled intersection of US-1 (N Homestead Blvd) & NE 11th St, benefiting from a combined traffic count exceeding 41,000 Vehicles Per Day. This densely populated area has 117,000+ residents within a 3-mile radius & is adjacent to a Publix, Marshalls, HomeGoods & CVS anchored shopping center.
The 7-Eleven benefits from its proximity to major residential growth, including D.R. Horton’s 97-acre Sandero Landing development less than 2 miles away, which will deliver over 1,100 homes and 200,000+ SF of commercial space. Also nearby, Lennar is actively building communities such as Altamira and Terra Sol & The Estate Companies’ Soleste Midtown Project, adding further housing density to this expanding corridor.
7-Eleven, Inc.—a wholly owned subsidiary of Japan-based Seven & I Holdings—is the world’s largest convenience retailer, with over 13,000 U.S. locations and 83,000 stores globally. Backed by an A credit rating and $79 billion in global revenue (2024), the brand offers institutional-grade investment security. This site represents a strategic relocation of an existing 7-Eleven store from across the street (just north of US-1), underscoring the company’s long-term commitment to this location.