A new 7-Eleven near The Villages has been sold for $12.4 million.
The Boulder Group, a national net lease investment brokerage firm, has completed the sale of the newly constructed gas station and convenience store at 2395 County Road 470 in Sumter County.
Positioned at the southwest corner of U.S. 301 and County Road 470, the site benefits from strong visibility, high traffic volumes, and direct access to Interstate 75, according to The Boulder Group.
Designed to serve both local and regional traffic, the newly developed convenience store includes diesel fueling lanes aimed at capturing heavy truck traffic traveling along Interstate 75 and U.S. 301.
Jimmy Goodman and John Feeney of The Boulder Group represented the buyer in the transaction. The seller was a Florida-based developer, while the buyer was a Midwest-based investor, reflecting ongoing investor demand for stabilized net lease assets in high-growth Sun Belt markets.