7-Eleven

Investment Overview

Single-tenant retail investment opportunity featuring a 3,109 SF freestanding 7-Eleven at 4920 Moccasin Wallow Road in Palmetto, Florida. This street retail asset consists of one unit and is currently 100% occupied, offering investors an established, income-producing property profile. Built in 2018, the property presents modern construction within a PD-MU zoning designation. With one building and a straightforward single-tenant configuration, this offering is well suited for investors seeking a stabilized retail asset backed by a nationally recognized convenience store brand.

Investment Highlights

• BONUS DEPRECIATION OPPORTUNITY - Fee simple ownership of the land and building may allow eligible improvements to qualify for accelerated depreciation through a cost segregation study, potentially providing significant tax benefits.
• CORPORATE-GUARANTEED ABSOLUTE NNN LEASE - Leased to 7-Eleven under an absolute NNN lease with zero landlord responsibilities, providing passive ownership and predictable cash flow.
• PRIME SIGNALIZED CORNER LOCATION - Strategically positioned at the intersection of Moccasin Wallow Road and Gateway Boulevard, offering excellent visibility and convenient access.
• EXCELLENT INTERSTATE ACCESS & TRAFFIC - Located less than half a mile from I-75 (61,000+ VPD), providing strong regional connectivity and daily consumer exposure.
• RAPIDLY GROWING TRADE AREA - Immediate population has increased 21.3% within a 1-mile radius, supported by significant residential and commercial development.
• PART OF MAJOR 1,065-ACRE MIXED-USE DEVELOPMENT - Located within Phase I of Gateway North, a master-planned community featuring residential, retail, office, and industrial uses.
• SIGNIFICANT RESIDENTIAL EXPANSION - Gateway North is planned to include 1,685 single-family homes, 722 multifamily units, and 393 townhomes, supporting future consumer demand.
• SUBSTANTIAL COMMERCIAL DEVELOPMENT - Gateway North plans include 445,200 SF of retail, 965,500 SF of office, and 397,500 SF of industrial space, creating additional employment and traffic generators.
• SURROUNDED BY NATIONAL RETAILERS - Nearby retailers include Walmart, Walgreens, CVS, McDonald's, Burger King, AutoZone, O'Reilly Auto Parts, and Ace Hardware, reinforcing the area's retail appeal.
• STRATEGIC TAMPA BAY AREA LOCATION - Situated approximately 14 miles north of Sarasota and 30 miles south of Tampa, providing convenient access to two major Florida markets.