Absolute NNN 7-Eleven Gas
1290 E Lake Rd S Tarpon Springs, FL 34688
New
For Sale
$4,919,400
For sale absolute NNN gas station with a recently extended 10-year 7-Eleven lease and scheduled 10% rent increases.
Days on Market5
Property Features for 1290 E Lake Rd S
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
±10 YRS
Building Details
Year Built
2000
Listing Agency:
Matthews
(813) 488-0853
Listed By:
Jake Lurie · License #SL3510801 (FL)
(813) 488-0853
Source:
Matthews
Added: Jul 25
Changed: Jul 27
Last Checked: Jul 29 at 3:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This for-sale gas station property is offered as an absolute NNN lease. The site is leased to 7-Eleven, with a recently executed 10-year lease extension. The lease includes 10% rent increases every five (5) years, including options.
According to the provided remarks, 7-Eleven carries an “A-” credit rating from Standard & Poor’s. The property is located at 1290 E Lake Rd S in Tarpon Springs, Florida.
Additional information in the remarks notes eligibility for bonus depreciation for gas stations; buyers should consult a CPA to discuss year-one tax treatment.
According to the provided remarks, 7-Eleven carries an “A-” credit rating from Standard & Poor’s. The property is located at 1290 E Lake Rd S in Tarpon Springs, Florida.
Additional information in the remarks notes eligibility for bonus depreciation for gas stations; buyers should consult a CPA to discuss year-one tax treatment.
Key Highlights
- 7‑Eleven gas station built in 2000 with an absolute NNN lease structure
- 7‑Eleven executed a 10‑year lease extension, extending long‑term site commitment
- Lease includes 10% rent increases every 5 years (including options)
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Gas station - For sale absolute NNN gas station with a recently extended 10-year 7-Eleven lease and scheduled 10% rent increases.
Where is this gas station located?
The property is located at 1290 E Lake Rd S Tarpon Springs, FL.
What is the asking price?
The asking price for this property is $4,919,400.
What are key features of this property?
This property features: 7‑Eleven gas station built in 2000 with an absolute NNN lease structure; 7‑Eleven executed a 10‑year lease extension, extending long‑term site commitment; Lease includes 10% rent increases every 5 years (including options)
