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7-Eleven 1545 NE 4th Ave 2,519 SF 100% Leased Retail Building Fort Lauderdale, FL 33304 $6,036,136 CAD ($2,396.24 CAD/SF) 5% Cap Rate


INVESTMENT HIGHLIGHTS
- Strong Unit Level Performance & Corporate Guarantee
- Strong Demographics
- Proximity to Downtown Fort Lauderdale
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for an absolute triple-net (NNN) lease 7-Eleven located at 1545 Northeast 4th Avenue, Fort Lauderdale, FL 33304. The site consists of roughly 2,519 rentable square feet of building space on an estimated 0.57-acre parcel of land. The marketed annual rent is $216,878 and is scheduled to increase by 10.00% in Year 11 as well as at the start of each of the five, five-year option periods thereafter.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,519 SF
Year Built
1984
Price
$6,036,136 CAD
Price Per SF
$2,396.24 CAD
Cap Rate
5%
NOI
$301,807 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-42-34-01-7630 | Improvements Assessment | $839,747 CAD |
| Land Assessment | $626,651 CAD | Total Assessment | $1,466,399 CAD |
PROPERTY TAXES
Parcel Number
49-42-34-01-7630
Land Assessment
$626,651 CAD
Improvements Assessment
$839,747 CAD
Total Assessment
$1,466,399 CAD
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7-Eleven | 1545 NE 4th Ave
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