Cameron Property Company, a non-traded alternative investment sponsor and affiliate of Madison Capital Group, has purchased two 7-Eleven convenience stores, located in New Smyrna, Florida and Fort Mill, South Carolina, for a combined $14 million.
The New Smyrna property, purchased for $8 million, is located on 1.5 acres and includes a 3,700-square-foot convenience store, a 980-square-foot car wash, and a 4,600-square-foot fuel island canopy. According to the company, between 2018 and 2019, the population of New Smyrna Beach grew 2.67 percent and its median household income grew from $52,772 to $57,043, an 8.09 percent increase.
https://thediwire.com/cameron-property-company-expands-portfolio-with-two-7-eleven-acquisitions/