7-Eleven

4,650 SF | Retail Building | Fort Pierce, FL 34947 | $7,874,000 ($1,693/SF) | 5.15% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $7,874,000

Property Type
Retail
Square Feet
4,650 SF
Price / Square Foot
$1,693

Listing Contacts

Vincent Aicale
Vincent Aicale
Verified Profile
Ryan Forsyth
Ryan Forsyth
Verified Profile
Michael Yuras
Michael Yuras
Verified Profile
Scott Crowle
Scott Crowle
Verified Profile
  • Property Info

Property Overview

This 7-Eleven is located strategically along Orange Avenue, a major east-west Fort Pierce thoroughfare which leads directly to the Atlantic
Ocean four miles east
The property maintains excellent proximity to Interstate 95, the main north–south Interstate Highway on the East Coast of the U.S., running from U.S. Route 1 in Miami, Florida, north to the Houlton–Woodstock Border Crossing between Maine and the Canadian province of New Brunswick (73,811 AADT)
The location offers multiple access points to a combined 24,800 vehicles per day at the signalized intersection of Orange Avenue and Jenkins Road
63,534 residents live within a five-mile radius of the property, creating an extremely large and reliable customer base for the site
The property is also supported by an affluent customer base, with an average annual household income of $68,826 within one mile of the property
The site resides three miles from Indian River State College, the second-largest employer in St. Lucie County (22,000+ employees, 2,265 students)

Property Details

Class
B
Year Built
2024
Stories
1
Property Subtype
Grocery/Convenience Store

Highlights

  • New 15-Year Absolute NNN Lease with Investment Grade Credit
  • Strategic Location Just Off Interstate 95 and Four Miles from the Atlantic Ocean
  • 65,534 Residents Within Five Miles and Affluent Incomes of $68,826 Per Household Within One Mile

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