7-Eleven

Gotha, FL

Key Details

Price:$4,821,380
Cap Rate:5.00%
Annual Rent:$241,069
Address:3860 Old Winter Garden Road, Gotha, Florida 34734
Property Type:Retail
Lease Type:Triple Net (NNN)

Property Data

Original Lease Term:15 Years
Lease Commencement:7/30/2018
Lease Expiration:7/30/2033
Lease Term Remaining:8.4 Years
Rental Increases:7.50% Every 5 Years
Lot Size:1.01 Acres
Building Size:6,540 SF
Year Built:2018
NNN Pro is pleased to present the exclusive listing for a 7-Eleven located at 3860 Old Winter Garden Road, Gotha, Florida 34734. The site consists of roughly 6540 rentable square feet of building space on an estimated 1.01-acre parcel of land. This 7-Eleven is subject to a 15-year Triple Net (NNN) lease, which commenced 7/30/2018. The current annual rent is $241,069 and has scheduled increases of 7.50% Every 5 Years.

About the Investment

  • Attractive Real Estate Fundamentals | Situated directly across from Orlando Health Central Hospital, a major regional healthcare hub, the location benefits from consistent foot and vehicle traffic. Less than 10 miles from downtown Orlando, this property is surrounded by a growing community, making it an attractive investment in one of Florida’s most dynamic markets.
  • Triple Net (NNN) With Zero Landlord Responsibilities | This property features a true triple-net (NNN) lease with zero landlord responsibilities, offering a completely passive investment opportunity. With approximately 8.5 years remaining on the original 15-year lease, investors can benefit from reliable income backed by a long-term tenant commitment.
  • Attractive Rental Increases | This investment offers attractive rental increases of 7.50% every five years, ensuring consistent income growth throughout the lease. These escalations are built into both the original term and the four, five-year option periods, enhancing long-term value for investors.
  • Investment Grade Credit: 7-Eleven Corporate (S&P: AA-) | Leased to 7-Eleven Corporate, an investment-grade tenant with an S&P credit rating of AA-, this property offers unparalleled security. As the largest convenience store chain in the world, 7-Eleven operates over 60,000 locations across 18 countries, including 10,700 stores in North America.

Talk to the Pros

Headshot

Glen Kunofsky

gkunofsky@nnnpro.com
License: NY: 49KU1129178
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Daniel Price

dprice@nnnpro.com
License: NY: 10401306175

Broker of Record

Brian Brockman

Bang Realty-Naples, Inc
License: BK3327646
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.