2371 Shell Point Rd E Ruskin, FL 33570
For Sale
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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.
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PNC Bank ATM Atm
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7-Eleven Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Ruskin, FLRuskin. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.