INVESTMENT OFFERING
SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased 7-Eleven located in Orlando, FL. This exceptional investment is secured by an absolute triple net (NNN) lease with over 4 years of remaining term along with 10% increases every 5 years and four 5-year options.
7-Eleven currently operates roughly 12,500 locations in the USA and is the world’s largest convenience store operator. The site has a corporate guarantee. With an A credit rating from S&P and a Baa2 rating from Moody’s, 7-Eleven is considered an investment grade tenant.
Strategically located in Orlando at the intersection of Presidents Drive and Sand Lake Rd, the property benefits from superior visibility, signage and access with traffic counts exceeding 50,000 vehicles per day. The property is within 1 mile to the Florida Mall, the largest mall in Central Florida with over 20 million visitors every year (2 million SF and 270+ stores & restaurants), and 3 miles away from SeaWord (4.6 million annual visitors).
The nearby surrounding retail space includes national tenants such as: Walmart, Best Buy, Lowe’s, Sam’s Club, Dollar Tree, Pet Smart, CVS, Ross for Less, Chik-fil-A, Chipotle, Dunkin’ and Walgreens.
With its strong real estate fundamentals, triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risky opportunity.
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| 7-Eleven | $4,687,680 | 5.00% | Absolute NNN | 6,316 | Available |