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7-Eleven
1021 Santa Barbara Blvd, Cape Coral, FL 33991
Listing Price: $4,920,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease 7-Eleven in Cape Coral, FL. The property consists of a 2,880-square-foot, freestanding building that sits on approximately 1.17 acres of land. There are 10 years remaining on the lease with 3 rental increases every 5 years.
7-Eleven
Investment Highlights
- Absolute Net Lease with 10 Years Remaining
- Top Seven Percent Nationwide Among 7-Eleven Locations by Annual Visits
- Signalized Hard Corner of Santa Barbara Boulevard and Nicholas Parkway (35,592 VPD)
- More Than 172,465 Residents and 140,415 Employees Within a Five-Mile Radius
- Large 1.17 Acre Parcel with Ample Parking and Multiple Access Points
- 9.75 Percent Rent Escalation in Year 11, and 12 Percent Every Five Years in the Options
- One Mile to Sun Splash Family Waterpark (200,000 Annual Visitors)
- Cape Coral: Fast-Growing Southwest Florida Market with 15th Largest U.S. Population Increase (2022-2023)
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director / Chief Revenue Officer
Listing Price: $4,920,000
Investment Highlights
- Absolute Net Lease with 10 Years Remaining
- Top Seven Percent Nationwide Among 7-Eleven Locations by Annual Visits
- Signalized Hard Corner of Santa Barbara Boulevard and Nicholas Parkway (35,592 VPD)
- More Than 172,465 Residents and 140,415 Employees Within a Five-Mile Radius
- Large 1.17 Acre Parcel with Ample Parking and Multiple Access Points
- 9.75 Percent Rent Escalation in Year 11, and 12 Percent Every Five Years in the Options
- One Mile to Sun Splash Family Waterpark (200,000 Annual Visitors)
- Cape Coral: Fast-Growing Southwest Florida Market with 15th Largest U.S. Population Increase (2022-2023)
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease 7-Eleven in Cape Coral, FL. The property consists of a 2,880-square-foot, freestanding building that sits on approximately 1.17 acres of land. There are 10 years remaining on the lease with 3 rental increases every 5 years.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director / Chief Revenue Officer
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