NNN Leased 7-Eleven Convenience
1971 Sunset Point Rd Clearwater, FL 33765
For Sale
Contact for pricing
Pending
Fee simple NNN property with a corporate-signed 7-Eleven lease and approximately 12 years remaining.
Days on Market105
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: Jul 23
Last Checked: Jul 23 at 8:31AM
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
Location Intelligence
Current Use by Public Records
7-Eleven
Grocery & Convenience Store
Western Union
Bank
FAQs
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.
