7-Eleven - BTS
Hialeah, FL – Miami MSA
Delivery in Q4 2023
business plan & results
The site was targeted, off market, as a retail development project. While under contract to purchase the property, our team successfully executed a lease with 7-Eleven for a 15 year term. The project is scheduled to reach completion in Q4 2023.
site & Project
The site consists of a vacant, hard corner, parcel situated at a signalized intersection in Hialeah, FL. The development plan is to lease the property to 7-Eleven, complete the site improvements, and construct the building based on 7-Eleven Corporate specifications. The project will be delivered within 24 months and resale to income investor within 12-24 months after delivery .
Located on the major traffic street, the property sits in front of a large mixed used development. Within 1-mile radius of subject property, the average household income is $84,892. The current population within a 5-mile radius is 308,842, seeing growth of 12.5% since the 2010 census.