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