7-Eleven North Fort Myers, Florida

18971 Babcock Ranch Road
North Fort Myers, Florida

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
  • Approx. 9 Years Remaining On Absolute NNN Corporate Lease With 10% Rental Increases Every 5 Years
  • Excellent Location At The Signalized Intersection Of SR 31 & Old Bayshore Road (15,825+ Combined VPD)
  • Just South Of 18,000 Acre Babcock Ranch Development Which Will Accommodate 19,000 Homes And 50,000 Residents
  • 100% Bonus Depreciation Eligible, Check With CPA
  • 7-Eleven Is The World’s Largest Convenience Store Chain With More Than 86,000 Stores In 19 Countries
  • Fort Myers, FL | Future Job Growth Over The Next Ten Years Is Predicted To Be 44.0% | Population: 104,100

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