Matthews Logo

Navigation Menu

4250 S 78Th St, Tampa, FL, 33619

7 ELEVEN
$3,300,000

Key Information

Cap Rate
4.75%
Tot. SF
4,081
Year Built
2020
Term Remaining
±10.5 YRS
Type
Retail
NOI
$156,796

Highlights

  • Top-Rated Tenant: 7-Eleven has investment-grade credit, rated ‘A’ by Standard and Poor’s.
  • Iconic Brand: 84,000+ Locations Worldwide, 13,000+ in the United States and Canada.
  • Tampa MSA: Top 20 MSA market with north of 3 million residents, making it one of the largest
    markets in Florida.
  • Dense Area: 155,000+ residents within 5 miles and 773,000+ residents within 10 miles.
  • Growing Population: Consistent population growth over the past 10 years with similar estimated growth projected in the future.
  • New Residential Communities: Property is surrounded by several new housing developments with many more emerging, catering to the growing population.
  • High Foot Traffic: Ranks in the top 4% in terms of foot traffic when compared to 7-Elevens nationally according to Alpha Maps.
  • Absolute NNN Lease: Offering zero landlord responsibilities.
  • Long Term Lease: 10+ years of guaranteed rental income.
  • Hedge Against Inflation: Built in rental increases – 10% every 5 years.
  • Low Risk Investment: Below average 7-Eleven market rent, increasing the long-term viability of the tenant.
  • Prime Location: Located on a hard signalized corner.
  • Large Lot with Multiple Pumps: Site sits on 1.29 acres of land with 6 gas islands (12 pumps)
  • Fee Simple: Eligible for bonus depreciation – please consult with a CPA to confirm.
  • Easy Access: Entrances are located on both cross streets.
  • Stable and Recession-Resistant Industry: Provides you with a consistent income stream.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc.
1600 West End, Ste. 1500 Nashville, TN 37203