Log In/Sign Up
Your email has been sent.
7-Eleven: Largo, FL 11505 Walsingham Rd 2,664 SF Retail Building Largo, FL 33778 $4,855,289 CAD ($1,822.56 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease | 10% Increase in 2031
- Long-Term Operating History of 40 Years
- 0.7 Miles West of Seminole Blvd (17,300 VPD) and 1 Mile South of Ulmerton Rd (46,000 VPD)
- Five, 5-Year Renewal Options | 7.5% Increase in Options 1-4 | FMRV Increase in Option 5
- Hard Corner Location at the Signalized Intersection of Ridge Rd (2,100 VPD) and Walsingham Rd (10,100 VPD)
- Tampa Bay Advantage (MSA Population: 3.36M+)
EXECUTIVE SUMMARY
The CBRE Net Lease Property Group is pleased to offer for sale the 2,664-square-foot 7-Eleven Gas Station & Convenience Store situated on 0.86 acre in Longwood, Florida — part of the Tampa-St. Petersburg-Clearwater, FL MSA (MSA Population: 3.36M+). 7-Eleven’s absolute NNN lease features ±10.4 years of primary term remaining with a 10% rent increase in 2031 and five, 5-year renewal options. Rent increases by 7.5% in the first four options and is set to FMRV in the fifth option.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,664 SF
Building Class
C
Year Built
1985
Price
$4,855,289 CAD
Price Per SF
$1,822.56 CAD
Cap Rate
5%
NOI
$242,764 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Zoning
C-1
Parking
3 Spaces (1.13 Spaces per 1,000 SF Leased)
Frontage
179’ on Walsingham Rd
AMENITIES
- Security System
- Signage
- Air Conditioning
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-30-15-00000-440-0500 | Improvements Assessment | $354,025 CAD |
| Land Assessment | $379,227 CAD | Total Assessment | $733,252 CAD |
PROPERTY TAXES
Parcel Number
09-30-15-00000-440-0500
Land Assessment
$379,227 CAD
Improvements Assessment
$354,025 CAD
Total Assessment
$733,252 CAD
CONTACTS
-
Thomas Carr -
Brian Pfohl -
Christopher Bosworth -
Mark Drazek -
Kaitlyn Wolf -
Leah Lindell -
Abby Kelly -
CBRE
1 of 25
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
7-Eleven: Largo, FL | 11505 Walsingham Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.