NNN Leased 7-Eleven Convenience
For Sale
Contact for pricing
Pending
1971 Sunset Point Rd, Clearwater, FL 33765
Fee simple NNN property with a corporate-signed 7-Eleven lease and approximately 12 years remaining.
Property SizeContact for details
Days on Market120
Property Features for 1971 Sunset Point Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SRS Louisville
Listed By:
Morgan Zant · License #2024015589
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 6 at 11:17AM
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 SRS Louisville
Investment Insights
Based on property information with market context.
SRS National Net Lease Group presents a fee simple NNN investment property featuring a corporate-signed 7-Eleven convenience store. The lease is currently structured as NNN with limited landlord responsibilities and includes approximately 12 years remaining, with four (5-year) options to extend. The rent schedule provides 10% rental increases every 5 years during the initial term and at the beginning of each option. The investment is described as investment grade (S&P: A-) with corporate ownership support through 7-Eleven, Inc.
The site is located at a signalized, hard-corner intersection of Sunset Point Rd. and N. Hercules Ave., with an average combined 54,800 vehicles passing daily. The property also benefits from nearby direct on/off ramp access to U.S. Highway 19, averaging 99,000 vehicles per day, and includes significant street frontage with large monument signs along both major roads.
The asset sits within a dense regional retail corridor. Nearby destinations cited include Clearwater Mall (900,000+ SF) and Sunset Point 19 (288,000 SF). National and credit tenants in the area include Target, Walmart Supercenter, Lowe’s Home Improvement, The Home Depot, Publix, Sprouts Farmers Market, Costco Wholesale, Barnes & Noble, Planet Fitness, and Hobby Lobby.
The site is located at a signalized, hard-corner intersection of Sunset Point Rd. and N. Hercules Ave., with an average combined 54,800 vehicles passing daily. The property also benefits from nearby direct on/off ramp access to U.S. Highway 19, averaging 99,000 vehicles per day, and includes significant street frontage with large monument signs along both major roads.
The asset sits within a dense regional retail corridor. Nearby destinations cited include Clearwater Mall (900,000+ SF) and Sunset Point 19 (288,000 SF). National and credit tenants in the area include Target, Walmart Supercenter, Lowe’s Home Improvement, The Home Depot, Publix, Sprouts Farmers Market, Costco Wholesale, Barnes & Noble, Planet Fitness, and Hobby Lobby.
Key Highlights
- Fee simple (land & building) NNN leased 7‑Eleven property with a corporate‑signed tenant: 7‑Eleven, Inc.
- Tenant has approximately 12 years remaining on the current lease with 4 (5‑year) options to extend.
- Lease includes 10% rental increases every 5 years during the initial term and at the start of each option.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33765, FL
13,844
Population
6,873
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
3,296
Density / Sq Mi
$61,910
Median Household Income
$40,535
Median Earnings
$1,585
Median Rent
$290,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fee simple NNN property with a corporate-signed 7-Eleven lease and approximately 12 years remaining.
Where is this grocery and convenience store located?
The property is located at 1971 Sunset Point Rd Clearwater, FL.
What are key features of this property?
This property features: Fee simple (land & building) NNN leased 7‑Eleven property with a corporate‑signed tenant: 7‑Eleven, Inc.; Tenant has approximately 12 years remaining on the current lease with 4 (5‑year) options to extend.; Lease includes 10% rental increases every 5 years during the initial term and at the start of each option.
