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

Nearest transport* to 7-Eleven & Subway, 2 Logan Road Eight Mile Plains QLD 4113

Bus
Train
Tram
Ferry
Levington Rd at RACQ, stop 84119 m
Levington Rd at RACQ, stop 84150 m
Levington Rd at Settler St358 m
School Rd near Priestdale Rd417 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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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  

Co-Agents

Michael Collins
Stonebridge Property Group Pty Ltd
Call
+61 404 023 204
Tom Moreland
Stonebridge Property Group Pty Ltd
Call
+61 408 072 822
Harry Curtain
Harry Curtain
Stonebridge Property Group Pty Ltd
Call
+61 438 684 800

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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