7-Eleven Convenience
1385 US HWY 98, Bartow, FL 33830
For Sale
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A corporate-guaranteed absolute NNN ground lease includes scheduled rent increases.
Property Size2,925 SF
Price / SF$599.55
Days on Market20
Property Features for 1385 US HWY 98
General Information
Standard status
Size
Property subtype
Site & Location
Traffic Count
Highway Access
Road Access
Automotive
Automotive Uses
Convenience Store
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Building Details
Tenancy
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Ray Turchi · License FL BK3015549
(407) 557-3847
Source:
Crexi
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 4:40PM
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 Marcus & Millichap - Orlando
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Investment Insights
Based on property information with market context.
The 2,925-square-foot convenience store is occupied by 7-Eleven under an absolute NNN ground lease with a corporate guaranty. The tenant has operated at this site since 1990 and signed a 10-year lease extension in 2020, after using all renewal options. Rent is scheduled to increase 15% every five years. The tenant carries an S&P rating of A-.
At the southwest corner of US Highway 98 and Manor Drive in Bartow, the property fronts a corridor carrying more than 48,000 vehicles per day. It is identified as the city’s only southbound gas and convenience store. The surrounding retail corridor includes national brands.
At the southwest corner of US Highway 98 and Manor Drive in Bartow, the property fronts a corridor carrying more than 48,000 vehicles per day. It is identified as the city’s only southbound gas and convenience store. The surrounding retail corridor includes national brands.
Key Highlights
- 2,925‑square‑foot convenience store occupied by 7‑Eleven
- Absolute NNN ground lease with a corporate guaranty
- Tenant has operated at the site since 1990
Property Analytics
Who owns this building?
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Current Use
Lease Details
48,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
499k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 30%
Groceries 15%
Home Improvements & Furnishings 6%
Publix
Groceries
50,650 visits/mo
0.4 miles
McDonald's
Dining
40,381 visits/mo
0.1 miles
RaceTrac
Shops & Services
33,690 visits/mo
0.3 miles
Five Below
Shops & Services
23,484 visits/mo
0.4 miles
Bealls
Apparel
23,045 visits/mo
0.5 miles
Demographics for 33830, FL
29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Grocery and convenience stores in Polk County, FL
Properties on Market for Grocery and convenience stores in Polk County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Food Mart — 1900 W Main St, Bartow, FL 33830
- Save A Lot — 330 E Van Fleet Dr, Bartow, FL 33830
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A corporate-guaranteed absolute NNN ground lease includes scheduled rent increases.
Where is this grocery and convenience store located?
The property is located at 1385 US HWY 98 Bartow, FL.
What is the asking price?
The asking price for this property is $1,753,676.
What are key features of this property?
This property features: 2,925‑square‑foot convenience store occupied by 7‑Eleven; Absolute NNN ground lease with a corporate guaranty; Tenant has operated at the site since 1990
