7-Eleven Convenience
For Sale
Contact for pricing
7131 Ridge Rd, Port Richey, FL 34668
Absolute NNN lease has five years remaining, plus three additional five-year option periods.
Property SizeContact for details
Days on Market145
Property Features for 7131 Ridge Rd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
CBRE - Saddle Brook
Listed By:
Karly Iacono · License #NY 10401274993
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 6:25PM
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 CBRE - Saddle Brook
Investment Insights
Based on property information with market context.
This 7-Eleven convenience store is offered with an absolute NNN lease featuring 5 years remaining on the base term and three 5-year renewal options. The lease is backed by 7-Eleven corporate, which carries an S&P AA- investment-grade rating. Contractual rent increases include 4% in December 2021 and 10% during each option period.
The property occupies a hard-corner location at 7131 Ridge Rd in Port Richey, Florida, with more than 60,500 combined vehicles passing daily. National retailers in the surrounding area include Publix, Home Depot, Lowe’s, Walmart, CVS, and Kohl’s. An elementary school with more than 700 students is located one mile away.
The immediate area includes more than nine residential neighborhoods and more than 138,000 residents within five miles. Port Richey is part of the Tampa metropolitan statistical area, which has more than 2.7 million people.
The property occupies a hard-corner location at 7131 Ridge Rd in Port Richey, Florida, with more than 60,500 combined vehicles passing daily. National retailers in the surrounding area include Publix, Home Depot, Lowe’s, Walmart, CVS, and Kohl’s. An elementary school with more than 700 students is located one mile away.
The immediate area includes more than nine residential neighborhoods and more than 138,000 residents within five miles. Port Richey is part of the Tampa metropolitan statistical area, which has more than 2.7 million people.
Key Highlights
- 7‑Eleven corporate‑backed lease with S&P AA- investment‑grade rating
- Absolute NNN lease with 5 years remaining on the base term
- Three 5‑year option periods included
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
119k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 30%
Dining 22%
Home Improvements & Furnishings 1%
Publix
Groceries
35,634 visits/mo
0.1 miles
SONIC Drive In
Dining
14,723 visits/mo
0.2 miles
7-Eleven
Shops & Services
14,268 visits/mo
0.0 miles
Suncoast Credit Union
Shops & Services
9,403 visits/mo
0.1 miles
Mobil
Shops & Services
9,129 visits/mo
0.3 miles
Demographics for 34668, FL
48,781
Population
23,883
Households
2
Avg Household Size
45
Median Age
13%
College-Educated
88%
High-School Grad
15.5 sq mi
ZIP Area
3,147
Density / Sq Mi
$45,760
Median Household Income
$35,610
Median Earnings
$1,278
Median Rent
$168,800
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?
NNN property - Absolute NNN lease has five years remaining, plus three additional five-year option periods.
Where is this nnn property located?
The property is located at 7131 Ridge Rd Port Richey, FL.
What are key features of this property?
This property features: 7‑Eleven corporate‑backed lease with S&P AA- investment‑grade rating; Absolute NNN lease with 5 years remaining on the base term; Three 5‑year option periods included
