7-Eleven - 2025 Construction 816 SE 17th St Local commercial 197 m² À vendre Fort Lauderdale, FL 33316 3 933 315 € (19 942,47 €/m²) Taux de capitalisation 4,55 %

Marcus & Millichap is pleased to present a net-leased investment opportunity consisting of a corporate-guaranteed 7-Eleven convenience store with fuel service, located at 816 SE 17th Street in Fort Lauderdale, Florida. The property is secured by a long-term Absolute Net Ground Lease with four (4) five-year options to extend and 10% rent increases every five years, providing a passive, long-term income stream and built-in inflation protection. This offering presents durable cash flow backed by a nationally recognized, credit-rated tenant, and further backstopped by premier real estate fundamentals. The site consists of a newly constructed 2,123-square-foot 7-Eleven convenience store situated on 0.50 acres of land and includes a fuel service station with multiple pump islands, and a large canopy. The lease permits 24-hour operation, supporting continuous customer access and maximizing traffic flow throughout the day.
The property is strategically positioned along the high-traffic section of SE 17th Street commonly referred to as the 17th Street Causeway. It benefits from excellent visibility and access, and with over 50,000 VPD passing. The 17th Street Causeway is a major tourist corridor which runs from Federal Highway to Fort Lauderdale Beach. Heading east from the property leads to Port Everglades and the third most active cruise ship terminal in the world, the new $1.3 billion dollar Broward Convention Center, and to world famous Fort Lauderdale Beach. The subject property is approximately 1.5 miles from Fort Lauderdale Hollywood International Airport. It is very well located & benefits from significant tourism and convention related traffic.
The surrounding area features strong demographics with an average household income exceeding $111,000 and a population of over 100,000 residents within three miles. Importantly, the property is adjacent to and benefits from major redevelopment activity. The nearby Quay at 17th Street site is undergoing transformation with a proposed 15-story mixed-use development featuring 358 residential units and over 12,000 SF of retail space, while the SE/SW 17th Street Mobility Hub initiative aims to improve multimodal transportation and walkability in the corridor. These projects are expected to boost long-term traffic and commercial density in this urban-infill submarket.
7-Eleven, Inc.—a wholly owned subsidiary of Japan-based Seven & I Holdings—is the world’s largest convenience retailer, with over 13,000 U.S. locations and 83,000 stores globally. Backed by an A credit rating and $79 billion in global revenue (2024), the brand offers institutional-grade investment security. This site represents a strategic relocation of an existing 7-Eleven store from across the street (just north of US-1), underscoring the company’s long-term commitment to this location.