Stonebridge is pleased to present 7-Eleven Tingalpa (Brisbane) for sale via Expressions of Interest closing Thursday 17 October 3pm (AEDT).
The asset has the following key investment features:
- Secure 15 year net lease to 2032 + options to 2052 with fixed 3% annual rent increases
- 7-Eleven Trophy convenience retailer owned by Tokyo-listed Seven & I Holdings ($52Bn* market cap), operator of global network exceeding 83,000+ stores
- Unrivalled convenience retail location boasting significant exposure to Wynnum Road (39,144+ vehicles daily*), a key metro Brisbane carriageway linking the CBD with densely populated inner eastern and bayside suburbs
- Prime 2,013 sqm* corner site located at major signalised intersection, providing 90m* of dual street frontage and convenient access, plus 14 on site car parks
- Strategic position 600m* from Gateway Motorway on-ramp (104,194+ vehicles daily*), connecting the site with a nationally significant road network and trade routes
- Modern improvements newly built in 2017 providing favourable depreciation benefits and latest underground infrastructure
- Located within core Brisbane retail corridor home to a plethora of national tenants including Woolworths, Coles, Aldi, Bunnings, Kmart, McDonald's, KFC, Guzman y Gomez, Hungry Jack's, Petbarn, Supercheap Auto & Chemist Warehouse
- Tingalpa Established Brisbane metro suburb only 7 km* to CBD nearby Australia TradeCoast and Port of Brisbane, characterised by significant retail amenity, thriving business and logistics activity and an affluent residential catchment
- Brisbane Booming capital city and economic engine of the $409 billion* Qld economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
- Net Lease Tenant pays usual outgoings as per lease
- Net Income $402,507 pa* + GST
'7-Eleven Tingalpa (Brisbane)' is for sale via Expressions of Interest closing Thursday 17 October 3pm (AEDT). Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1071
