Stonebridge is pleased to present ‘7-Eleven & Subway Eight Mile Plains (Brisbane)’ for sale via Expressions of Interest closing Thursday 18 April at 3pm (AEDT).

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 excluding Land Tax

- Net Income $513,345 pa* + GST

*Approximately

7-Eleven & Subway Eight Mile Plains (Brisbane) is for sale via Expressions of Interest closing Thursday 18 April at 3pm (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 914