7-Eleven 316 E Memorial Blvd 4,739 SF Retail Building Lakeland, FL 33801 $6,985,600 ($1,474.07/SF) 5.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment Grade Tenant (S&P: A) | World’s Largest C-Store Brand
- Top 5% 7-Eleven Nationwide by Visits
- America's Fastest Growing Metro
- Eligible for Bonus Depreciation
- Lakeland Regional Health Medical Center | 2nd Busiest ER in Nation | 910-Bed Hospital
- Large 1.80-Acre Parcel at Signalized Corner | Combined 65,500+ Vehicles Per Day
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,739 SF
Building Class
B
Year Built
2019
Price
$6,985,600
Price Per SF
$1,474.07
Cap Rate
5.15%
NOI
$359,759
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.80 AC
Zoning
C-2 - General Commercial
Parking
28 Spaces (5.91 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-28-07-170500-001010 | Improvements Assessment | $1,085,498 |
| Land Assessment | $899,243 | Total Assessment | $1,984,741 |
