1001 Woodland Blvd DeLand, FL 32720

Exceptional investment opportunity featuring a 3,000 square foot 7-Eleven convenience store located at 1001 N Woodland Blvd, DeLand, Florida 32720, Volusia County. This absolute NNN net lease property boasts a strong investment-grade tenant (S&P: AA-) with a lease commencement date of October 24, 2011, and an expiration date of October 2026. The property, built in 1996 and renovated in 2012, sits on a 1.38-acre lot and offers a compelling 4.00% cap rate with a current NOI of $166,108 (pro-forma NOI also $166,108). The asking price is $4,152,701, translating to $1,384.23 per square foot. The lease includes annual rent increases of 3% and three five-year renewal options. This property benefits from the tenant's strong credit rating and the security of a long-term lease. The property's APN is 04-17-30-00-00-1470. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with a nationally recognized brand in a desirable location. The property's history is tied to the 7-Eleven, Inc. 3 Billion Dollar Acquisition of approximately 1100 Sunoco's.