Stonebridge is pleased to present '7-Eleven Park Ridge (Brisbane)' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- 7-Eleven - Secure 12 year net lease to 2032 plus options to 2052, with fixed 3% annual rent increases
- 7-Eleven Trophy convenience retailer sold for $1.7Bn to Tokyo-listed 'Seven & I Holdings', joining global network of 83,000+ stores
- Fully leased Brisbane convenience retail centre anchored by 7-Eleven and supported by successful specialty retail tenants
- Substantial 3,496 sqm* corner site with 34 car parks and dual street access
- Highly exposed position with 90m* direct frontage to Green Road, a major local arterial providing access to Mt Lindesay Highway (39,506+ vehicles daily)
- Modern improvements newly built in 2020 providing significant deprecation benefits and latest underground fuel infrastructure
- Strategic position directly adjoining recently completed 42 lot residential development plus an additional $448 million+ of surrounding commercial & residential development planned or underway in Park Ridge
- Park Ridge Only 23 km* to CBD, part of Greater Logan LGA, population forecast to grow 43% and exceed 500,000 residents by 2036, supported by a $14.36 billion* economy
- Brisbane Booming capital city and economic engine of the $409 billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
- Net Income $533,850 pa* + GST (as at January 2025)
*Approximately
'7-Eleven Park Ridge (Brisbane)' is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 1069