7-Eleven North Fort Myers, FL

18971 SR 31
North Fort Myers, FL

Price: $6,130,000
Cap Rate: 5.00%
NOI: $306,502
Building Size: Approx. 3,120 Sq. Ft.
Lot Size: Approx. 1.84 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 3,120+/- SF Building on 1.84+/- Acre Site
  • 10 Years Left on Abs. NNN Corp. Lease with 10% Rental Increases Every 5 Years in Primary Term and (4) 5-Year Options
  • Attractive Tax Advantages via reinstated Bonus Depreciation
  • Strong Signalized Corner Location Along Two of the Regions Major Thoroughfares
  • Just South of 18,000 Acre Babcock Ranch Development – 19,000 Homes & 50,000 Residents
  • 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
  • North Fort Myers | The Fort Myers MSA is Home to 861,000+ Residents | Population: 104,100+

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