1006 Del Prado Boulevard South
Cape Coral, FL
Price:
$2,875,000
Cap Rate:
4.00%
NOI:
$115,000
Building Size:
Approx. 4,000 Sq. Ft.
Lot Size:
Approx. 0.83 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built / Renovated:
1986 / 2015
Investment Overview
- 2015 Renovation. 4,000+/- SF Building on 0.83+/- Acre Site
- 10+ Year Extension on Absolute NNN Lease w/ 7-Eleven as Guarantor
- Current Term Ending in 2033 w/ 10% Rent bump in 2028 & 17.5% in 1st Option
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Excellent Location Along Viscaya Pkwy & Del Prado Blvd (85K Combined VPD)
- Near Walmart Supercenter, Tractor Supply, CVS, T.J. Maxx, Ross, AutoZone, etc.
- Cape Coral | Suburb of Fort Myers | Population: 198,600+