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816 SE 17Th St Fort Lauderdale, FL 33315

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For Sale
$4,550,000

Freestanding 7-Eleven ground lease near Fort Lauderdale Beach.

Lot size:
0.50 Acres

Property Features for 816 SE 17Th St

General Information

Lot size
0.50 Acres

Source: Wells Net Lease Agent David Wells

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Construction 7-Eleven Ground Lease

This is a freestanding new construction 7-Eleven property in Fort Lauderdale, Florida. The property is a redevelopment of an existing gas station with construction estimated to start in January 2023. The ground lease is NNN, offering zero landlord responsibilities. Rent commenced as of November 26, 2022. The lease includes three 10% rental increases every 5 years throughout the initial 15-year term and each subsequent five-year option period. Situated 1 ½ miles from Fort Lauderdale Beach, the property is located along 17th Street, just off US 1, experiencing a traffic volume of 45,000 vehicles per day. Its location is just before the 17th Street Causeway, a primary access point for tourists heading to Fort Lauderdale Beach.
Location Intelligence

Current Use by Public Records

Marathon Gas Gas Station 17th Street Auto ... Auto Repair Shop

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Pond Hoppers, Mona Vie / Better Health

Location Insight

  • Map
  • Local Demand
City
Fort Lauderdale
County
Broward
State
Florida
Longitude
-80.151882
Latitude
26.0997295

FAQs

What type of property is this?
Grocery and convenience store - Freestanding 7-Eleven ground lease near Fort Lauderdale Beach.
Where is this grocery and convenience store located?
The property is located at 816 SE 17Th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $4,550,000.
What are key features of this property?
This property features: - Trophy freestanding new construction 7-Eleven ground lease in Fort Lauderdale, Florida.; - Located just before the 17th Street Causeway to Fort Lauderdale Beach.; - NNN ground lease with zero landlord responsibilities.
More about this property
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