7-Eleven

Purchase Price$10,300,000
Annual Rental Income$515,000
Cap Rate5%
Lease Term15 Years
CityNaples MSA
Tenant: 7-Eleven
Sector: Gas Station
State: Florida

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7-Eleven Triple Net Investment Opportunity
Naples MSA, Florida

This offering presents an exceptional opportunity to acquire a newly constructed 7-Eleven convenience store and fueling station located within the thriving Naples Metropolitan Statistical Area. Positioned at a highly visible hard corner with strong traffic exposure, fee simple ownership, an absolute triple net lease backed by a corporate guarantee, and scheduled rental escalations, this asset offers investors a stable, long-term income stream coupled with attractive tax advantages in one of Florida’s most desirable markets.

Location and Market Overview
The property is prominently situated at a signalized hard corner intersection in the Naples MSA, with traffic counts exceeding 35,000 vehicles daily on the primary frontage road and an additional 18,000 vehicles on the intersecting roadway. This high-traffic location provides excellent visibility and accessibility to both residents and seasonal visitors, maximizing the site’s exposure and sales potential.

Naples is widely recognized for its affluent population, high quality of life, and booming real estate market. As one of the premier resort and retirement destinations in Florida, Naples benefits from steady population growth fueled by retirees, second-home buyers, and expanding local industries such as healthcare, tourism, and professional services. The metro area’s population exceeds 350,000, with a significant seasonal influx boosting demand for convenience retail and fueling services throughout the year.

Demographics
The immediate trade area features affluent and stable demographics supportive of strong retail performance. Within one mile, the average household income exceeds $118,000. Expanding to a three-mile radius, average household income rises to over $125,000 with a population nearing 42,000 residents. Within five miles, the population exceeds 115,000 with household incomes averaging $121,000. Per capita income in the area is approximately $58,000, and over 45% of households report incomes above $150,000 annually.

These strong demographic characteristics, combined with Naples’ reputation as a luxury market and growing population base, create an ideal environment for a convenience retailer like 7-Eleven.

Property Details
The subject property occupies an approximately 1.1-acre parcel on a signalized hard corner. The site includes a modern fueling canopy with multiple pump islands, a contemporary convenience store building, and ample parking designed to accommodate high turnover and efficient traffic flow. Monument and building signage enhance tenant visibility and brand recognition.

Ownership is fee simple, providing the investor with complete control over the land and improvements without ground lease restrictions. The parcel size also offers potential for future expansion or redevelopment, increasing long-term value.

Lease Structure and Tenant Guarantee
The property is leased to 7-Eleven, Inc. under an absolute triple net (NNN) lease, where the tenant assumes full responsibility for all property expenses including taxes, insurance, and maintenance of roof and structure. This lease structure ensures zero landlord management obligations, delivering a truly passive investment.

The initial lease term is 15 years with four successive five-year renewal options, offering up to 35 years of stable tenancy. Rental escalations of 10% occur every five years, providing reliable income growth and inflation protection.

The lease is backed by a corporate guarantee from 7-Eleven, Inc., one of the nation’s most recognized convenience retail operators with an A-rated credit profile and thousands of locations nationwide. This guarantees financial security and tenant reliability.

Tax Benefits and Bonus Depreciation
As a newly constructed fueling and convenience store, this property qualifies for bonus depreciation and accelerated cost segregation under current tax law. These provisions allow investors to take substantial upfront tax deductions, significantly reducing taxable income in early ownership years. Combined with stable rental income, this creates an attractive investment vehicle for high-net-worth individuals, 1031 exchange buyers, and institutional investors.

Surrounding Area and Trade Drivers
Naples boasts a strong and diverse economy anchored by healthcare, tourism, real estate, and professional services. The metro area is home to several premier medical centers, upscale retail districts, golf communities, and luxury residential developments. The seasonal influx of tourists and part-time residents significantly bolsters daytime and evening traffic, creating year-round demand for convenience retail and fueling.

The property’s immediate corridor features a mix of national retailers, grocery stores, restaurants, and service providers, generating complementary traffic. Nearby residential neighborhoods, luxury communities, and commercial centers support consistent consumer demand. Easy access to major roadways, including U.S. Route 41 and Collier Boulevard, further enhances connectivity and traffic flow.

Investment Highlights

  • Absolute triple net lease with 7-Eleven, Inc., eliminating all landlord operational responsibilities.
  • 15-year initial lease term with four five-year renewal options, providing up to 35 years of secure income.
  • Scheduled 10% rental increases every five years, delivering steady income growth and inflation protection.
  • Corporate guarantee from 7-Eleven, Inc., a nationally recognized tenant with an A-rated credit profile.
  • Fee simple ownership of a 1.1-acre hard corner parcel, offering long-term control and flexibility.
  • Prime location with daily traffic counts exceeding 35,000 vehicles on the main frontage road.
  • Affluent and growing trade area demographics, with average household incomes exceeding $120,000 within three miles.
  • Eligible for bonus depreciation and accelerated cost segregation, providing significant tax benefits.
  • Located within the Naples MSA, a stable and growing market known for its affluence and lifestyle appeal.

Buyer Profile and Financing
This asset is ideal for 1031 exchange buyers, private investors, institutional funds, and family offices seeking a stable, long-term, passive income investment. The absolute NNN lease structure, corporate guarantee, and fee simple ownership make the property highly attractive to lenders and desirable for buyers focused on low management obligations and steady income. The combination of rental escalations, strong credit tenancy, and tax advantages enhances the investment profile.

Conclusion
This 7-Eleven in the Naples MSA represents a premier net lease investment opportunity offering long-term income stability, inflation protection, and tax efficiency. With its absolute triple net lease, corporate guarantee, fee simple ownership, and prime hard corner location supported by strong traffic and affluent demographics, this asset is positioned to deliver sustained performance for years to come.

Qualified investors are invited to request the full offering memorandum, financial analysis, and acquisition details.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.