The recently constructed 7-Eleven property is located at a rapidly growing community in Sumter County adjacent to The Villages, the fastest-growing MSA in the nation. The property is situated at the southwest corner of Highway 301 and County Road 470 with direct access to Interstate 75, benefiting from strong visibility and traffic flow. The site includes diesel lanes designed to capture heavy truck traffic from Interstate 75 and Highway 301. The surrounding area continues to experience significant residential and commercial expansion driven by national and regional developers.
Jimmy Goodman and John Feeney of The Boulder Group represented the buyer in the transaction. The seller was a Florida-based developer, and the buyer was a Midwest-based investor.
The 7-Eleven is positioned on 3.95 acres and is leased on an absolute triple-net basis with a 15-year base term featuring 10% rental increases every five years, including during the four 5-year option periods. 7-Eleven is an investment-grade tenant with an ‘A’ credit rating from Standard & Poor’s and operates more than 85,000 locations across 20 countries. Founded in 1927, 7-Eleven is the world’s largest convenience retailer and consistently ranks as a top-10 franchise.
“Newly developed properties leased to investment-grade tenants in high-growth markets like The Villages continue to generate strong investor demand,” said Jimmy Goodman of The Boulder Group. John Feeney of The Boulder Group added, “This transaction reflects the depth of demand from private capital buyers seeking assets that benefit from 100% bonus depreciation.”
About The Boulder Group
The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high-net-worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $9 billion of single tenant net lease real estate transactions. From 2013-2024, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.
More info: www.bouldergroup.com
Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email: Send Email
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html
