NNN 7-Eleven

Vero Beach, FL

$8,755,500

4.00%

15.5

N/a

Corporate AA- S&P rated Tenant with Absolute True Triple Net Lease. Potential Bonus Depreciation benefit of 5.72% Tax Equivalent Yield at 35% married filing joint tax bracket and 5.88% at 37% from  convenience & gas and car wash. COVID & Recession resilient retailer in an income tax-free COVID friendly state. Brand new construction and potential 3rd party report savings with fresh due diligence. Hard signalized corner with good ingress and egress on SR60 going from Vero Beach to Clearwater Beach. Catches all morning traffic going to I-95 from dense residential with over 47K cars a day.

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