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7-Eleven & Subway, 2 Logan Road
Eight Mile Plains QLD 4113
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Sold on 29 May 2024

7-Eleven & Subway, 2 Logan Road Eight Mile Plains QLD 4113

  • Shop & Retail
  • 341 m²
  • Sold

Prime Metro Brisbane Convenience & Fast Food Investment - 3,029 Sqm Gateway Site

  • 7-Eleven & Subway – Global Retail Giants
  • CPI+1% Reviews & Secure Net Leases
  • 7-Eleven - 720+ Locations Nationally

Stonebridge is pleased to present '7-Eleven & Subway Eight Mile Plains (Brisbane)' for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- 7-Eleven - Secure 12 year net lease to 2031 plus options to 2048, with market leading and rarely offered CPI + 0.5% 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

- Subway Secure 7 year lease plus options to 2041, with rare CPI + 1% annual rent increases

- Head company lease to Subway Global sandwich chain dominating the Australian market with the most fast food outlets of all operators, 1,229+ stores nationally

- Strategic fuel, fast food & convenience retail position at junction of Logan Road (35,000 vehicles daily) and entry to Gateway Motorway on-ramp (104,194+ vehicles daily), via Levington Road

- Commanding 3,029 sqm* corner site with 21 car parks and benefitting from dual street, all-direction access via traffic-light controlled intersection

- Modern improvements newly built in 2019 providing significant deprecation benefits and latest underground infrastructure

- Eight Mile Plains Established Brisbane metro suburb only 14 km* to CBD neighbouring Rochedale and Sunnybank, adjacent RACQ Headquarters as well as Queensland's largest office park and major employment precincts, Brisbane Technology Park and Freeway Office Park'

- 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 lease structures Tenants pay all usual outgoings

- Net Income $513,345 pa* + GST

*Approximately

7-Eleven & Subway Eight Mile Plains (Brisbane) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 914

Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold29 May 2024
Floor Area341 m²
Land Area3,029 m²
ParkingAsk Agent
Property ID2019130610
Category
Last updated  28 May 2024
Map for 7-Eleven & Subway, 2 Logan Road Eight Mile Plains QLD 4113
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold29 May 2024
Floor Area341 m²
Land Area3,029 m²
ParkingAsk Agent
Property ID2019130610
Category
Last updated  28 May 2024

Co-Agents

Michael Collins
Stonebridge Property Group Pty Ltd
Call
0404 023 204
Tom Moreland
Stonebridge Property Group Pty Ltd
Call
0408 072 822
Harry Curtain
Harry Curtain
Stonebridge Property Group Pty Ltd
Call
0438 684 800

More about 7-Eleven & Subway, 2 Logan Road Eight Mile Plains QLD 4113

7-eleven & Subway, 2 Logan Road Eight Mile Plains QLD 4113 is categorized as Shop & Retail Property. It has a floor area of 341 m² and a land area of 3,029 m². The listing ID for this property is 2019130610.

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