7795 Oakland Park BlvdSunrise, FL 33351

Property Details for 7795 Oakland Park Blvd

Year built

2001

Construction

CONCRETE

Lot size

1.11 AC

Property size (Sq ft)

2,897 SF

Zone code

B-3

Property type

Retail properties

Property subtype

Gas stations

APN

49-41-21-03-0102

APU

494121030102

Description

This exceptional investment opportunity presents a fee-simple, 2,915 square foot 7-Eleven gas station and convenience store located at 7795 W. Oakland Park Blvd in Sunrise, Florida. Boasting a 5.15% cap rate and a strong corporate guarantee from 7-Eleven, this property offers significant long-term value. The absolute NNN lease, with a remaining term of 6.6 years and three five-year options, provides predictable cash flow. Situated on a substantial 1.11-acre lot, the property benefits from high visibility and accessibility, with direct exposure to over 44,000 vehicles daily on Oakland Park Boulevard. Its strategic location near major thoroughfares, including I-95, Florida's Turnpike, and the Sawgrass Expressway, ensures optimal traffic flow. The property is shadow-anchored by a Walmart Supercenter, receiving over 2 million visits annually, further enhancing its desirability. Built in 2001, this single-story building features eight gas pumps and has consistently maintained 100% occupancy since its opening. Rent bumps of 12% every five years provide built-in growth potential. The property's proximity to numerous apartment complexes and its location in a no-income-tax state add to its investment appeal. This is a rare opportunity to acquire a high-performing, established 7-Eleven in a prime location. The NOI is $278,028. The asking price is $5,398,601.

• CAP approach

  CAP return

  Valuation

  6%

  $1,266,093

  6.5%

  $1,168,701

  7%

  $1,085,223

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,156,696

  Geo Method

  $2,156,696

• Alternative Use

  Use

  Valuation

  Residential

  $985,843

  Hospitality

  $903,027

  Educational

  $751,308

  Medical

  $777,147

  Retail

  $1,168,701

Location Insight

City

Sunrise

County

Broward

State

Florida

Latitude

26.1672

Longitude

-80.253

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].