Purchase Price | $6,712,380 |
---|---|
Annual Rental Income | $352,400 |
Cap Rate | 5.25% |
Lease Term | 13 Years |
City | Orlando MSA |
7‑Eleven Triple Net Investment Opportunity
Winter Garden / Orlando MSA, Florida
This offering presents a rare opportunity to acquire a long‑term, passive net lease investment in one of Central Florida’s most sought‑after submarkets. The property is a newly constructed 7‑Eleven convenience store and fueling station, strategically positioned on a highly visible hard corner within the Winter Garden submarket of the Orlando Metropolitan Statistical Area. With a strong corporate guarantee, an absolute triple net lease structure, scheduled rental increases, and fee simple ownership, this asset provides a stable income stream, long‑term growth, and significant tax advantages for the investor.
Location and Market Overview
The property is located in Winter Garden, a thriving community within the Orlando MSA known for its rapid population growth, strong demographics, and high household incomes. The site is positioned at the signalized hard corner of West Colonial Drive (State Road 50) and a primary cross street, one of the busiest intersections in the area. This location benefits from traffic counts exceeding 60,000 vehicles per day on Colonial Drive, ensuring constant exposure and accessibility. Nearby Winter Garden‑Vineland Road contributes an additional 35,000 to 47,000 vehicles daily, enhancing the visibility and drive‑by traffic volume.
Winter Garden has experienced significant growth over the past decade, transforming from a small suburban town into one of Central Florida’s most desirable residential and commercial destinations. The city’s population has grown to nearly 47,000 residents, a sharp increase from 34,500 in 2010, and the surrounding Orlando metropolitan area continues to attract new residents, businesses, and visitors each year. The city is also home to Winter Garden Village at Fowler’s Grove, a premier shopping destination anchored by national retailers, which drives consistent daily traffic and reinforces the strength of the trade area.
Demographics
The immediate trade area around the property is among the most affluent in Central Florida. Within the 34787 zip code, the median household income exceeds $114,000, with an average household income approaching $145,000. Per capita income in the area is nearly $49,000, and more than 20 percent of households earn over $200,000 annually. These strong demographics support consistent retail sales, higher discretionary spending, and long‑term stability for convenience and fuel retail tenants like 7‑Eleven. Within a three‑mile radius, the population exceeds 80,000, and within five miles, over 230,000 residents contribute to a robust consumer base that is projected to continue growing in the years ahead.
Property Details
The property occupies a large parcel of approximately one to 1.2 acres, offering excellent site utility and future flexibility. Its hard‑corner positioning at a four‑way signalized intersection ensures maximum visibility from all directions, with clear signage opportunities and direct ingress and egress from both roadways. The site has been designed to accommodate significant daily vehicle volume with a modern fueling canopy, ample parking, and efficient traffic flow. The parcel size not only supports current operations but also provides long‑term redevelopment potential should a future investor desire to add square footage or co‑tenancy.
Ownership is being conveyed as fee simple interest, giving the buyer clear title to both the land and improvements. This is a distinct advantage compared to ground lease structures, offering greater financing flexibility, exit strategies, and long‑term control over the real estate.
Lease Structure and Tenant Guarantee
The asset is leased to 7‑Eleven, Inc. under an absolute triple net lease, with the tenant responsible for all property expenses including real estate taxes, insurance, roof, and structure. This structure leaves the landlord with no management responsibilities, making it a truly passive investment. The initial lease term is 15 years, with four successive five‑year renewal options, offering up to 35 years of secure tenancy. Rent increases of 10 percent are scheduled every five years, providing steady income growth and protection against inflation.
The lease is backed by a corporate guarantee from 7‑Eleven, Inc., one of the world’s most recognized convenience store brands. With thousands of locations nationwide and an A‑rated credit profile, 7‑Eleven provides investors with a high degree of financial security and reliability. The company’s continued expansion and dominance in the convenience retail sector reinforce the strength of the tenant and the long‑term stability of the income stream.
Tax Benefits and Bonus Depreciation
In addition to its strong lease fundamentals, this property qualifies for accelerated depreciation benefits under current U.S. tax law. Investors can take advantage of bonus depreciation and cost segregation opportunities, which allow for significant upfront depreciation deductions in the early years of ownership. These tax benefits can greatly enhance after‑tax returns, particularly for high‑income investors or those seeking to offset other income streams. Combined with the security of long‑term, escalating rental income, this makes the asset highly attractive for individuals and institutions focused on both cash flow and tax efficiency.
Surrounding Area and Trade Drivers
The property benefits from its position within the thriving Winter Garden / Orlando corridor, a market that continues to draw new residents and businesses due to its strong quality of life, access to major employment hubs, and robust infrastructure. Orlando itself is one of the fastest‑growing metro areas in the country, with over 2.6 million residents and steady annual population growth. The city’s diverse economy is anchored by healthcare, technology, education, and tourism, all of which drive consistent demand for daily needs retail like 7‑Eleven.
Winter Garden in particular has seen significant residential development in recent years, with numerous new subdivisions and master‑planned communities catering to families and professionals. The property is also supported by strong daytime populations, with nearby schools, healthcare facilities, and retail centers contributing to constant traffic and consumer demand. The proximity of Florida’s Turnpike and the Western Beltway further enhances accessibility, making this location a natural choice for a convenience retail tenant like 7‑Eleven.
Investment Highlights
Buyer Profile and Financing
This property is ideally suited for private investors, family offices, institutional buyers, and 1031 exchange purchasers seeking a long‑term, low‑management asset with secure, escalating income. The fee simple ownership structure and corporate tenant make the property highly financeable through both traditional lenders and exchange strategies. The built‑in rental escalations and tax advantages further enhance its appeal as a long‑term hold in a growing market.
Conclusion
This 7‑Eleven in Winter Garden represents an exceptional opportunity to acquire a premier net lease investment in one of Florida’s most desirable markets. With its absolute triple net lease, corporate guarantee, long‑term rental income, and strong demographics, this asset checks all the boxes for investors seeking stability, growth, and tax efficiency. The combination of a high‑traffic hard corner location, affluent trade area, and a globally recognized tenant ensures that this property will remain a valuable and productive asset for decades to come.
Interested parties are encouraged to contact us for financial details, offering memorandum, and next steps in the acquisition process.