For Sale
$6,068,000

4704 Golden Gate PkwyNaples, FL 34116

High-Yield 7-Eleven, Prime Location, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 3,537 square foot 7-Eleven convenience store and gas station located at a signalized hard corner on Golden Gate Parkway in Naples, Florida. Built in 2020, the property sits on a 0.99-acre lot and boasts a 15-year absolute NNN lease with 10.7 years remaining, including four 5-year renewal options. The lease features a 10% rent increase every five years, ensuring consistent income growth. The property enjoys a 4.90% cap rate and a strong net operating income (NOI) of $297,360. The tenant, 7-Eleven (S&P rated A), is a globally recognized brand with over 85,000 stores worldwide, providing exceptional creditworthiness and stability. This location benefits from high visibility due to its placement on a major thoroughfare with over 13,800 vehicles per day, and proximity to Interstate 75 (21,900+ VPD). The surrounding area features a robust retail corridor with nationally recognized tenants, including Winn-Dixie, Walgreens, Planet Fitness, Dunkin', and AutoZone, along with several schools and residential neighborhoods, creating a consistent consumer base. This is a rare opportunity to acquire a high-performing, low-maintenance investment property in a thriving market. The property's address is 4704 Golden Gate Pkwy, Naples, FL 34116.

Highlights

  • 2020-built, 3,537 SF building on a 0.99-acre lot.
  • Absolute NNN lease with 10% rent increases every 5 years; over 10 years remaining.
  • Signalized hard corner location on Golden Gate Parkway (13,800+ VPD), near I-75 (21,900+ VPD).
  • Strong retail location with national tenants including Winn-Dixie, Walgreens, Planet Fitness, Dunkin', and AutoZone.
  • Excellent demographics; near schools and residential neighborhoods.
  • Tenant is 7-Eleven, a globally recognized, investment-grade (S&P A-rated) company.

Property Details for 4704 Golden Gate Pkwy

Property type
Retail properties, Retail space
Square Feet
3,537 SF
Year Built
2020
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Naples
County
Collier
State
Florida
Latitude
26.1830519
Longitude
-81.7020205
4704 Golden Gate Pkwy, Naples, Florida

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4704 Golden Gate Pkwy
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