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9401 N 49th St
Pinellas Park, FL 33782
7-Eleven · Retail Property For Sale
Investment Highlights
- Absolute NNN 7-Eleven | Zero Landlord Responsibilities | Backed By An “A”-Rated Corporate Guaranty | Nearly 9 Years Of Remaining Primary Term.
- Qualifies For 100% Bonus Depreciation | Tax Incentive | Florida Is An Income Tax-Free State.
- Pad Site To The Gateway At Pinellas - A 288-Unit Luxury Apartment Building Built In 2020.
- 2019 Next-Generation 7-Eleven Featuring 6-Fuel Dispensers, 12-Fuel Stations | Modern Construction.
- Strategically Positioned On A Signalized Hard Corner With Direct Exposure To U.S. Highway 19 (72,000+ VPD) And 49th Street (36,000+ VPD).
- Located In Pinellas County | Infill, Supply-Constrained Market - Limited Developable Land | High Barrier To Entry Market.
Executive Summary
Absolute NNN 7-Eleven | Zero Landlord Responsibilities | Backed By An “A”-Rated Corporate Guaranty | Nearly 9 Years Of Remaining Primary Term | 10% Rent Increases Every 5-Years
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,109 SF
Building Class
B
Year Built
2019
Price
$8,784,313 CAD
Price Per SF
$2,825.45 CAD
Cap Rate
4.90%
NOI
$430,431 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.27 AC
Zoning
CPUD - commercial
Parking
25 Spaces (8.68 Spaces per 1,000 SF Leased)
Frontage
219’ on 94th Avenue
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 21-30-16-69822-100-3101 | Improvements Assessment | $1,076,380 CAD |
| Land Assessment | $1,319,003 CAD | Total Assessment | $2,395,383 CAD |
Property Taxes
Parcel Number
21-30-16-69822-100-3101
Land Assessment
$1,319,003 CAD
Improvements Assessment
$1,076,380 CAD
Total Assessment
$2,395,383 CAD
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