Astor, Lake County, Florida, 32102, United States
Prime commercial real estate investment opportunity to acquire a brand-new, single-tenant 7-Eleven with Gas Station located in Astor, Florida. Constructed on a large 3.03-acre parcel, this 4,853 SF freestanding retail property features 6 multi-pump dispensers (12 fueling stations) and operates under a brand-new 15-year Absolute NNN lease backed by 7-Eleven, Inc. (Investment Grade Credit: S&P A- / Moody’s Baa2).
Offering completely passive income with zero landlord responsibilities, the lease includes 10% contractual rent increases every 5 years across the primary term and four 5-year renewal options. Strategically positioned just 0.5 miles from the St. Johns River and Lake George—Florida’s second-largest lake—this property features limited local competition, dedicated boat parking spaces, and heavy year-round traffic from boaters, anglers, and tourists seeking premium fuel and marine supplies.
Brand-New 15-Year Absolute NNN Lease: Corporate investment-grade lease guarantee by 7-Eleven, Inc. with zero landlord maintenance responsibilities.
Inflation-Protected Income Stream: Contractual 10% rent increases every 5 years throughout the initial term and renewal option periods.
Strategic Waterfront Recreational Corridor: Located 0.5 miles from the St. Johns River and near Lake George, capturing massive recreational boating, fishing, and tourist traffic.
High-Margin Fuel & Convenience Center: Built as a 2026 prototype featuring a 4,853 SF store, 12 canopied gas pumps, and dedicated boat trailer parking with minimal local competition.
High-Visibility Location: Positioned along State Road 40 (FL-40), carrying approximately 9,500 vehicles per day.
Solid Regional Demographic Base: Serves over 37,500 residents within a 15-mile radius boasting an average household income exceeding $108,000.
Marabella Commercial Finance, Inc. believes this information comes from reliable sources but does not guarantee property information expressed or implied. Buyer should do their own investigation to verify all property details. The properties shown on this website may or may not be exclusively listed by Marabella Commercial Finance, Inc. All properties and information are deemed accurate and reliable but not guaranteed and should be independently verified.
7-Eleven w/ Gas – Ranked Top 13% Nationwide | Sumner, WA
Get notified about new articles