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7-Eleven 316 E Memorial Blvd 4,739 SF Retail Building Lakeland, FL 33801 $9,751,339 CAD ($2,057.68 CAD/SF) 5.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment Grade Tenant (S&P: A) | World’s Largest C-Store Brand
- Top 5% 7-Eleven Nationwide by Visits
- America's Fastest Growing Metro
- Eligible for Bonus Depreciation
- Lakeland Regional Health Medical Center | 2nd Busiest ER in Nation | 910-Bed Hospital
- Large 1.80-Acre Parcel at Signalized Corner | Combined 65,500+ Vehicles Per Day
EXECUTIVE SUMMARY
Investment NNN opportunity - 7-Eleven location - Top 5% in nationwide visits.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,739 SF
Building Class
B
Year Built
2019
Price
$9,751,339 CAD
Price Per SF
$2,057.68 CAD
Cap Rate
5.15%
NOI
$502,195 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.80 AC
Zoning
C-2 - General Commercial
Parking
28 Spaces (5.91 Spaces per 1,000 SF Leased)
Frontage
120’ on Memorial Blvd
AMENITIES
- Signage
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-28-07-170500-001010 | Improvements Assessment | $1,427,488 CAD |
| Land Assessment | $1,262,852 CAD | Total Assessment | $2,690,340 CAD |
PROPERTY TAXES
Parcel Number
24-28-07-170500-001010
Land Assessment
$1,262,852 CAD
Improvements Assessment
$1,427,488 CAD
Total Assessment
$2,690,340 CAD
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7-Eleven | 316 E Memorial Blvd
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