7-ELEVEN

Representative Photo

Address: 4920 Moccasin Wallow Rd, Palmetto, FL

Price: $3,338,000

NOI: $158,545

Building Size: +/- 3,109 SF

Lot Size: +/- 1.32 Acres

Type: Single-Tenant / Retail

RUSSELL SMITH

214.915.8890

BOB MOORHEAD

214.915.8890


 

Investment Overview

7-Eleven is located at the northeast corner of Moccasin Wallow Rd. and Gateway Blvd. in Palmetto, FL. Central Blvd. is a north-south thoroughfare that carries significant traffic and serves as a main entrance to I-75 (61,000 VPD). The immediate trade in recent years has experienced increased development leading to a 21.3% population increase within a 1-mile radius of the subject property. The subject property is part of phase 1 of the Gateway North 1,065 acre mix-use development project. When finish, the property will consist of 1,685 single-family houses, 722 multi-family units, 393 townhomes, 445,200 SF of retail, 965,500 SF of office space, and 397,500 SF of warehouse. Notable national tenants within 3-miles of the subject property include, Walmart, Walgreen’s, CVS, Brookshire's, AutoZone, O’Reilly, O’Reilly, ACE, Valero, Shell, McDonald’s, Whataburger, Sonic, Burger King, Dickey’s, Wing Stop, Panda Express, Pizza Hut, and many more. Palmetto is located approximately 14-miles north of Sarasota, FL and 30-miles south of Tampa, FL.