7-Eleven NNN for Sale in Pinellas Park, FL — $6.4M | 4.9% Cap
- $6,400,694
7-Eleven NNN for Sale in Pinellas Park, FL — $6.4M | 4.9% Cap
- $6,400,694
Details
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Price $6,400,694
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CAP Rate 4.9%
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Tenant 7-Eleven
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Years Left 8.8 years left
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NOI $313,634
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City Pinellas Park
Description
7-Eleven NNN for Sale in Pinellas Park, FL — $6,400,694 | 4.9% Cap
This 7-Eleven triple net lease property in Pinellas Park, FL offers passive income investors BBB credit, 8.8-year lease through 2034, and $313,634 annual NOI at 4.9% cap rate with absolute NNN structure.
Introducing 7-ELEVEN at 9401 49th St N, Pinellas Park, FL 33782! This 2019 construction is an absolute net investment opportunity that qualifies for 100% bonus depreciation. With a solid “A”-rated corporate guaranty, this property boasts nearly 9 years of remaining primary term with 10% rent increases every 5 years.
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