Brand New Freestanding Fast Food & Convenience Retail Investment

Description

Burgess Rawson is pleased to offer to the market 7-Eleven, Carl’s Jr Nowra NSW for sale via Private Treaty.

This investment has the following key investment highlights:

+ New 12 year lease to 7-Eleven to 2035 plus options to 2055
+ 7-Eleven: Australia’s #1 convenience retailer recently purchased for $1.71 billion* by 7-Eleven International LLC with 46,000 sites globally
+ New 12 year lease to Carl’s Jr. to 2035 plus option to 2040
+ Carls Jr.: leading global fast food operator with 3,800+ stores globally
+ Compounding fixed 3% annual rent increases ensuring long term income growth
+ Prime 3,110sqm* corner landholding with over 78 metres* of frontage to Princes Highway providing exposure to over 74,000 vehicles passing daily
+ New 2023 construction allowing maximum depreciation benefits
+ Commanding position next to Officeworks, Petbarn, McDonald’s, Autobarn and across from Nowra Plaza Shopping Centre
+ Nowra: Booming South Coast location with a Shoalhaven region population of 142,936+ expected to surge 30% by 2051
+ Est. Net Income: $559,183 pa* + GST

For Sale via Private Treaty

Please contact the exclusively appointed sales team for more information

*Approx

Enquire

Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Geoff Sinclair Director
0451 462 759
Enquiry Form

Nowra, NSW

Lot 2, 110 Worrigee Street

For Sale by Portfolio Auction

This property is part of Portfolio 167

Price: Contact Agent

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