7-Eleven NNN Property For Sale — Riverview, FL
12204 Balm Riverview Road, Riverview, FL
This 7-Eleven absolute triple net lease property in Riverview, FL, offers a compelling investment opportunity. Constructed in 2020, the property encompasses 3,010 square feet and is situated on a 1.87-acre lot. This offering boasts a 4.9% capitalization rate and benefits from a corporate-guaranteed lease with 10% rent increases every five years. The tenant is responsible for property taxes, insurance, and maintenance, providing a passive investment for the landlord. The property is ideally suited for investors seeking stable income and potential tax advantages through a 1031 exchange.
- Address: 12204 Balm Riverview Road, Riverview, FL
- Asking price $6.43M
- 4.90% cap rate
- NOI $314,856
- 9.6 years remaining
- NNN lease
- Year built: 2020
- Building size: 3,010 SF
- Lot size: 1.87 acres
- Lease expiration: Aug 1, 2035
- Rent increases: 10% Every 5 Years
- Guarantor: Corporate
Location
This 7-Eleven property is at 12204 Balm Riverview Road in Riverview, Florida.
Asset type: Retail, Convenience Store, Gas Station