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Property profile & analytics
FOR SALE
Grocery and convenience stores

2371 Shell Point Rd E Ruskin, FL 33570

3,280 SF 1.51 ac lot Built 2020
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-8612575
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple 7-Eleven convenience store and car wash located at 2371 E Shell Point Rd, Ruskin, FL 33570. The property boasts a substantial 3,010 square foot building situated on a 1.5-acre lot, featuring eight gas pumps. Built in 2020, this Class A retail asset is currently operating under a 15-year Absolute NNN lease with 11 years remaining, commencing November 1, 2020, and expiring November 1, 2035. The lease includes a corporate guarantee from 7-Eleven, providing significant tenant credit strength. The current annual net operating income (NOI) is $312,213, resulting in a 4.90% cap rate. Rent increases are structured with a 10% bump every five years, ensuring future income growth. The asking price is $6,372,000, translating to $2,116.94 per square foot. This high-traffic location, situated on a hard corner with over 11,000 vehicles passing daily, is less than 20 miles from Downtown Tampa. The property is eligible for bonus depreciation, and assumable debt is available. This is a rare opportunity to acquire a strong-performing, passively managed investment with significant upside potential. 100% occupancy ensures immediate cash flow.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2020
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,280 SF
Lot 1.51 ac (65,775 SF)
Zoning code PD
APN U0932191UU000000002653
UPID US18-8612575
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • PNC Bank ATM Atm
  • 7-Eleven Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.87M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.65M
Owner & transaction history
Qm Ruskin LLC · 5 yrs held
Qm Ruskin LLC
since 2021
Last sale
$5.5M
1 recorded transaction
2021
$5.5M
Zoning & alternative use
PD · Ruskin, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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