Log In/Sign Up
Your email has been sent.
7-Eleven 2925 Corrine Dr 2,523 SF Retail Building Orlando, FL 32803 $5,246,845 CAD ($2,079.61 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease | 10% Increase in 2031
- Long-Term Operating History of 43 Years
- Less Than 3 Miles from the On-Ramp to I-4 (194,500) -- a major highway that runs through the heart of Orlando
- Five, 5-Year Renewal Options | 7.5% Increase in Options 1-4 | FMRV Increase in Option 5
- Located at the Hard Corner of the Signalized Intersection of Corrine Drive (11,900 VPD) and Winter Park Road (6,900 VPD)
- Orlando-Kissimmee-Sanford, FL MSA (MSA Population: 3.92M+)
EXECUTIVE SUMMARY
The CBRE Net Lease Property Group is pleased to offer for sale the 2,523-square-foot 7-Eleven Gas Station & Convenience Store situated on 0.39 acre in Orlando, Florida (MSA Population: 2.93M+). 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
2,523 SF
Building Class
C
Year Built
1982
Price
$5,246,845 CAD
Price Per SF
$2,079.61 CAD
Cap Rate
5%
NOI
$262,342 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.39 AC
Zoning
AC-4 - Activity Center - 4
Parking
12 Spaces (4.76 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Signage
- Air Conditioning
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-2230-2970-02-170 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,821,190 CAD |
PROPERTY TAXES
Parcel Number
18-2230-2970-02-170
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,821,190 CAD
CONTACTS
-
Thomas Carr -
Brian Pfohl -
Christopher Bosworth -
Mark Drazek -
Kaitlyn Wolf -
Leah Lindell -
Abby Kelly -
CBRE
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
7-Eleven | 2925 Corrine Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.