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7-Eleven Absolute NNN Property
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1545 NE FOURTH AVE, Fort Lauderdale, FL 33301

Freestanding convenience store leased under a long-term absolute triple-net structure.

Property Size2,519 SF
Lot Size0.57 Acres
Price / SF$1,721
Days on Market8

Property Features for 1545 NE FOURTH AVE

General Information

Standard status Active
Size 2,519 SF
Lot size 0.57 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $216,878

Building Details

Year Built 1984
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Gabriel Britti · License #FL SL3211804
Source: Crexi
Added: Aug 26 Changed: Sep 1 Last Checked: Sep 1 at 10:10PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This freestanding 2,519-square-foot convenience store occupies an estimated 0.57-acre parcel at 1545 NE Fourth Avenue in Fort Lauderdale. Constructed in 1984, the property is occupied by 7-Eleven, Inc. under an absolute NNN lease that began December 12, 2025. The agreement provides an initial 15-year term, five additional five-year renewal options, and potential occupancy for up to 40 years. Contractual rent increases by 10% at the beginning of Lease Year 11 and each renewal period thereafter.

The site is positioned one block west of Federal Highway (US-1) and approximately two miles from Downtown Fort Lauderdale, within the Victoria Park/Poinsettia Heights submarket. The surrounding area includes Las Olas Boulevard, Riverwalk, Flagler Village, Brightline Fort Lauderdale Station, Chase Stadium, Pine Crest School, St. Thomas Aquinas High School, Holy Cross Hospital, and Galleria Mall. Under the lease structure, the tenant handles maintenance, repairs, taxes, insurance, and utilities.

Key Highlights

  • 7‑Eleven, Inc. absolute NNN lease began December 12, 2025
  • Initial 15‑year lease with five, five‑year renewal options; potential term extends to 40 years
  • 2,519 SF freestanding building on an estimated 0.57‑acre parcel

Property Analytics

Current Use

KeyMe Locksmiths Locksmith Amazon Locker - Posey Postal Service 7-Eleven Grocery & Convenience Store ATM (7-Eleven) Atm

Suggested Use

Top Pick Dental Office Butcher Tanning Salon (Bike/Boat/Book/etc) Store Restaurant Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,534
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Dining 18%
7-Eleven Shops & Services
12,635 visits/mo 0.1 miles
Sunoco Shops & Services
7,658 visits/mo 0.2 miles
Dairy Queen Dining
5,611 visits/mo 0.5 miles
Exxon Shops & Services
4,540 visits/mo 0.3 miles

Demographics for 33301, FL

19,109
Population
13,955
Households
1.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
7,644
Density / Sq Mi
$115,421
Median Household Income
$76,365
Median Earnings
$2,341
Median Rent
$751,600
Median Home Value

Market

Vacancy Rate% for Retail in Fort Lauderdale, FL

5.1% 2019
6.8% 2020
5.3% 2021
3.9% 2022
3.8% 2023
4.9% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding convenience store leased under a long-term absolute triple-net structure.
Where is this nnn property located?
The property is located at 1545 NE FOURTH AVE Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $4,337,551.
What are key features of this property?
This property features: 7‑Eleven, Inc. absolute NNN lease began December 12, 2025; Initial 15‑year lease with five, five‑year renewal options; potential term extends to 40 years; 2,519 SF freestanding building on an estimated 0.57‑acre parcel
(786) 522-7017 Call to check price and availability
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