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Matthews™ Executes $10.9M Disposition of One of the Highest-Priced 7-Eleven’s in Orlando MSA

Newly constructed 7-Eleven convenience store in Kissimmee, FL, sold in the Orlando MSA

ORLANDO, FL—Matthews™, a commercial real estate investment services and technology firm, successfully executed the acquisition of a 7-Eleven located at 2870 Formosa Gardens Blvd in Kissimmee, FL. Matthews™ Associate Vice President Chase Cameron facilitated the $10,932,500 transaction, marking the second-highest sale price for a 7-Eleven sold in the Orlando MSA within the last year.

Located in the Osceola Outlying submarket, the property benefits from exceptional visibility and access along U.S. Highway 192, one of Central Florida’s primary retail corridors serving both residents and the region’s millions of annual visitors. Positioned less than three miles from Walt Disney World, the newly constructed convenience store is occupied by 7-Eleven under a long-term corporate lease, offering stable cash flow in one of the nation’s fastest-growing retail markets.

The buyer, a private California-based investment group and repeat client of Matthews™, sought to expand its portfolio with a newly constructed net lease asset offering stable long-term cash flow. Leveraging his extensive network of net lease investors, Cameron sourced the opportunity and identified the property as an ideal acquisition given 7-Eleven’s strong credit profile and the asset’s eligibility for 100% bonus depreciation.

Seeking to capitalize on the value created through the completed development, the seller prioritized a buyer capable of closing on schedule without financing contingencies. Maintaining close coordination between both parties throughout the transaction, Cameron guided the acquisition through closing, as the buyer’s all-cash offer, proven track record of execution, and ability to close without financing contingencies aligned with the seller’s priority for a timely, reliable transaction.

“Our priority is understanding our clients’ investment goals and identifying opportunities that align with their long-term strategy,” Cameron said. “Our proprietary database, technology platform, and nationwide relationships allow us to execute with the speed, certainty, and market insight our clients expect.”

For more information, please contact Chase Cameron or visit www.matthews.com.

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

PRESS CONTACT

Sophia Biazus

(562) 447-6918

sophia.biazus@matthews.com

Net Lease Retail

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