Real Estate

Venice 7-Eleven Sells for $6.5 Million

The property is located at 2751 N. River Road.

By Staff July 7, 2020

A Venice 7-Eleven at 2751 N. River Road sold for $6.5 million.

A Venice 7-Eleven at 2751 N. River Road sold for $6.5 million.

Image: Shutterstock

Marcus & Millichap (NYSE: MMI) has announced the sale of 7-Eleven, a 3,010-square-foot, net-leased convenience store on a large 1.8 acre parcel just off I-75 in Venice. The store sold for $6,513,026. Gabriel Britti, Kevin O'Hanlon and Ronnie Issenberg, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, an individual/personal trust, was secured and represented by Jerry Swon, investment specialist in Marcus & Millichap’s Manhattan office.

The property is a newly constructed 7-Eleven with a 15-year absolute net lease that opened days before the closing. It is located at 2751 N. River Road in Venice.

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