Absolute NNN Lease – Zero landlord responsibilities as the tenant is directly responsible for all CAM, Taxes, Insurance, as well as Roof and Structure, offering a hands-off, passive investment opportunity.
Investment Grade Corporate Guarantee – The lease is backed by investment grade tenant 7-Eleven, Inc (S&P “A”) who has over 13,000 locations throughout North America.
Potential 100% Bonus Depreciation – Fee Simple Ownership of subject property may allow the landlord to use the Accelerated Bonus Depreciation Model (Consult your CPA).
Multi-Access Corner Lot – This asset strategically positioned on the corner of U.S. Hwy 41 & Big Bend Rd (±50,000 Combined VPD) making it highly accessible for customers.
Attractive Rental Increases – The lease has ±5 years remaining on the base term and features 3, 5-year options with 10% rental increases in the option periods providing a hedge against inflation.
Tampa MSA – This property is situated in a highly desirable MSA, known for significant population growth over the past five years, with projections indicating continued rapid expansion in the coming five years.