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7-Eleven 198 Highway A1a 2,603 SF Retail Building Satellite Beach, FL 32937 $4,474,447 CAD ($1,718.96 CAD/SF) 5% Cap Rate
Executive Summary
Long Term Commitment: 7-Eleven signed a brand new 15 year absolute NNN lease
Investment Grade Credit: 7-Eleven has an S&P rating of A.
Central Satellite Beach Location: The site is positioned in the heart of Satellite Beach, surrounded by established residential neighborhoods and less than one mile from top-rated local schools, community parks, and beachfront amenities.
High-Visibility Location: Positioned directly on Jimmy Buffett Memorial Highway, this site offers exceptional exposure along a major coastal corridor, benefiting from a 2025 traffic count of over 20,000 vehicles per day.
Affluent Local Demographics: Site benefits from an average household income of over $115,000 within 3 miles.
Investment Grade Credit: 7-Eleven has an S&P rating of A.
Central Satellite Beach Location: The site is positioned in the heart of Satellite Beach, surrounded by established residential neighborhoods and less than one mile from top-rated local schools, community parks, and beachfront amenities.
High-Visibility Location: Positioned directly on Jimmy Buffett Memorial Highway, this site offers exceptional exposure along a major coastal corridor, benefiting from a 2025 traffic count of over 20,000 vehicles per day.
Affluent Local Demographics: Site benefits from an average household income of over $115,000 within 3 miles.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,603 SF
Building Class
B
Year Built
1985
Price
$4,474,447 CAD
Price Per SF
$1,718.96 CAD
Cap Rate
5%
NOI
$223,722 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.53 AC
Zoning
BU-1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 26-37-23-26-00014.0-0005.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $728,495 CAD |
Property Taxes
Parcel Number
26-37-23-26-00014.0-0005.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$728,495 CAD
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7-Eleven | 198 Highway A1a
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