News

JUST CLOSED – Unique 7 Eleven in Orlando

DATE July 10, 2019 / AUTHOR AGM

CATEGORY Just Sold

Just Closed- 7 Eleven, Orlando, FL

We are happy to announce a recent closing of an incredible 7 Eleven investment property in Orlando, FL. We exclusively represented a client in an up-leg of a 1031 exchange whose property we had disposed a few weeks prior. The goal was to find a long-term investment grade property with rental escalations, strong fundamentals and a very strong prospect of value appreciation in the near and distant future. At 1.75 Acres on a signalized intersection, across the street from a high performing Walmart, 11 years on term with rental escalations and high sales in an affluent and growing neighborhood of Orlando, for only $2,500,000 we achieved that goal and more. This property will serve as a strong cash flow anchor with absolutely minimal risk and significant upside for our client for years to come.

Investment Highlights

  • Investment grade tenant
  • Long term lease -11 + years
  • Absolute NNN ground lease – zero landlord responsibilities
  • Covered land play
  • Gas station restriction within the planned community – barriers to entry
  • High performing location
  • Across the street from a Walmart anchored center
  • Rapidly expanding neighborhood
  • Affluent neighborhood and strong demographic profile
  • High traffic count

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