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1290 E Lake Rd S
Tarpon Springs, FL 34688 East Lake Tarpon

$4,919,400 USD

Convenience Store For Sale  •  2,640 SF

Property Details

• Property Type Convenience Store
• Total Building Size 2,940 SF
• Lot Size 1.01 AC
• Building Class B
• Year Built 2000
• Tenancy Single

0 Transit Score

11 Walk Score

Highlights

Top Performing Store Nationwide (Per AlphaMaps): Ranked in the 99th percentile nationally for customer foot traffic

Absolute NNN Lease: Structured as an absolute NNN lease, providing 100% passive income with zero landlord responsibilities

Strong Site Commitment: 7-Eleven recently executed a 10-year lease extension, underscoring long-term commitment to this location

Investment Grade Credit: 7-Eleven carries an “A-” credit rating from Standard & Poor’s, offering exceptional income security

Bonus Depreciation Eligible: Gas stations qualify for bonus depreciation which allows you to write off the majority of the purchase in year one

Attractive Rental Growth: The lease includes 10% rent increases every five (5) years (including options), providing a strong hedge against inflation

Public Transportation

Airport	Drive	Walk	Distance
Tampa International	35 min	-	19.9 mi
St Pete-Clearwater International	37 min	-	20.0 mi