For Sale
Prized Sunshine Coast Investment – Renewed Net Lease to 7-Eleven
948 Suncoast Boulevard (David Low Way), Marcoola (Sunshine Coast)
Stonebridge is pleased to present ‘7-Eleven Marcoola (Sunshine Coast) for sale via Expressions of Interest closing Thursday 25 September at 3pm (AEST).
The asset has the following key investment features:
- Newly renewed 5 year net lease to 2030 plus options to 2040 with fixed 3% annual rent increases
- Head company lease to 7-Eleven – Trophy convenience retailer owned by Tokyo-listed Seven & I Holdings ($56Bn* market cap), with global network of 85,000+ stores
- Longstanding 7-Eleven fuel & convenience for 22 years – complete with dual skinned fibreglass tanks
- Valuable 1,206 sqm* corner site boasting 75 metres* of dual street frontage, offering seamless accessibility via dedicated entry and exit points
- Prominent exposure to David Low Way (17,750+ vehicles daily), key arterial connecting Noosa, Sunshine Beach and Coolum to the Airport and Sunshine Motorway (38,980+ vehicles daily)
- Prime position within Marcoola’s thriving retail and commercial precinct alongside Subway, Bottlemart, Chemist Warehouse and opposite the prestigious Ramada Hotel by Wyndham
- Unrivalled location 860 metres* to the Sunshine Coast Airport, the only commercial airport serving the region, welcoming 1.6 million+ visitors pa* and recently completing a $347m new runway
- Marcoola – Picturesque coastal destination where the median house price has doubled to $1.4m over the past 5 years and boasting a $120 million+ commercial development pipeline
- Sunshine Coast – Booming Queensland region with $23.7 billion* economy and rapid population forecast set to exceed 570,000 by 2046*
- Secure Net Lease – Tenant maintains all equipment and pays all usual outgoings excl. Land Tax
- Estimated Net Income $383,000 pa* + GST
‘7-Eleven Marcoola (Sunshine Coast)’ is for sale via Expressions of Interest closing Thursday 25 September at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately