1090 N Homestead Blvd, Homestead, FL 33033

This net-leased investment opportunity features a new construction, corporate-guaranteed 7-Eleven with a convenience store that includes multiple restaurant concepts and fuel service on multiple pump islands. The property is located on US1, a primary north/south transportation corridor. Subject to a 15-year absolute triple-net (NNN) lease with four five-year options to extend and 10% rent increases every five years, it offers a passive, long-term income stream. The store is a relocation from across the street. The property features 7-Eleven’s latest “New Standard” prototype, situated on a 1.33-acre parcel of land with a 4,899-SF convenience store. The New Standard format includes upgraded store layouts, expanded food and beverage offerings, and enhanced fuel service capabilities. The site includes a full-service gas station with 4 pump islands, storage tanks, and a large canopy. The store is expected to open in June 2026. Located at the signaled intersection of US-1 (N Homestead Blvd) & NE 11th St, the property benefits from a combined traffic count exceeding 41,000 vehicles per day. The area has over 117,000 residents within a 3-mile radius and is adjacent to a shopping center anchored by Publix, Marshalls, HomeGoods, and CVS. The 7-Eleven benefits from its proximity to major residential growth, including D.R. Horton’s 97-acre Sandero Landing development less than 2 miles away, which will deliver over 1,100 homes and over 200,000 SF of commercial space. Lennar is actively building communities such as Altamira and Terra Sol, and The Estate Companies’ Soleste Midtown Project is adding further housing density. The brand has an A credit rating and $79 billion in global revenue (2024).