7-Eleven, 2007 Sandgate Road, Virginia, Qld 4014

CBRE is pleased to present to the market 7-Eleven Virginia, located at 2007 Sandgate Road, Virginia (Brisbane) QLD 4014 for sale via Immediate Offers to Purchase.  

+ Long fifteen (15) year net lease to 7-Eleven (Head Company) to April 2031, plus four (4) further five (5) year options to 2051
+ 7-Eleven: Australia’s #1 convenience retailer with 750+ stores, recently purchased for $1.71B by 7-Eleven International LLC, operating 48,000+ sites globally (1)
+ Seven & I Holdings: Tokyo-based global retail giant, parent company of 7-Eleven, 85,000 stores worldwide, market cap of $45.2 billion AUD (5.12 trillion JPY)
+ Landlord-favourable, set-and-forget net lease structure with 7-Eleven responsible for 100% outgoings, excluding land tax
+ Market leading, fixed 3.75% annual rent increases ensuring continued rental growth
+ Land rich 2,843sqm* freehold landholding with​ 40m* of direct frontage to Sandgate Road
+ Sandgate Road: major 6 lane Brisbane thoroughfare connecting Redcliffe and Northern Brisbane to the CBD, and providing 7-Eleven direct exposure to 420,000+ vehicles passing weekly (2)
+ Premium commercial and retail epicentre, directly opposite McDonald's and Bunnings and supported by 20+ complementary national retailers including Officeworks, Supercheap Auto, Storage King, Chemist Warehouse, Hungry Jack's, Bridgestone & Guzman Y Gomez within 1km* (3)
+ Immaculately constructed freestanding state-of-the-art 186sqm* NLA convenience retail facility, complemented by additional 269sqm* under canopy
+ Strategic left-in, left-out inbound location adjoining Virgina Golf Club and the only Brisbane in-bound service station for 3km* 
+ Constructed in 2016, offering the incoming purchaser modern fuel infrastructure including double walled fibreglass tanks, providing long term security and attractive tax saving depreciation benefits
+ Prestigious education precinct 900m* from St Josephs Nudgee College (1,728 enrolments), with an additional nine (9) schools within 5kms* combining to support 4,000+ full time students* (3)
+ Importantly, for future development under the lease provisions, 7-Eleven is responsible to monitor, maintain, service, repair and remediate the site back to the level outlined in the baseline ESA report*
+ Brisbane: home of the 2032 Olympic Games and the third largest city in Australia, with a population forecast to grow 28.04% to exceed 3,300,000 million residents by 2035 (4)
+ Estimated Net Income: $466,426 pa* + GST

To be sold via Immediate Offers to Purchase

Please contact the exclusively appointed sales team for more information

(1) 7-Eleven
(2) Land Checker
(3) GapMaps
(4) Brisbane City Council