7-Eleven NNN — Odessa, FL
Updated November 4, 2026
$6,367,175 · 4.85% CAP · 9.9 YRS
2021 7-Eleven c-store and fuel center at 2474 Fencepost Dr in Odessa, Pasco County, about 4,680 SF on 1.13 acres, fee simple absolute NNN, asking $6,367,175 at a 4.85% cap on $308,808 rent for years 6 to 10. 7-Eleven, Inc. guarantees it. About 9.9 years remain through September 2036, with 10% increases every five years and four 5-year options. Building size comes from the listing, not the package. The ask is 90 basis points beneath the 5.75% median among 196 active listings.
Lease Abstract
- Price
- $6,367,175
- Cap rate
- 4.85% CAP
- NOI
- $308,808
- Term remaining
- 9.9 YRS
- Lease type
- Absolute NNN
- Increases
- 10% every 5 years
- Options
- 4 x 5-year
- Guarantee
- Corporate
- Building
- 4,680 SF
- Lot
- 1.13 AC
- Year built
- 2021
Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
Property Details
4,680 SF building, built 2021, 1.13 acres of land. $1,361/SF asking, $65.98/SF NOI. Rent increases: 10% every 5 years. Renewal options: 4 x 5-year. Corporate guarantee. Primary term ends around 2036 (9.9 yrs left at listing, Nov 2026).
Location
Odessa, Florida — 2474 Fencepost Dr, Odessa, FL 33556. Full address and offering memorandum released on request — see our 7-Eleven tenant guide and the Florida market page for the underwriting context.
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