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1021 Santa Barbara Blvd
Cape Coral, FL 33991
7-Eleven · Retail Property For Sale
Investment Highlights
- Strong Site Commitment: Newly extended 10-Year lease with over 11.2 years remaining in the base term.
- Phenomenal Store Traffic: Per Placer.ai, this store ranks amongst the 87th percentile nationwide.
- Investment Grade Credit: 7–Eleven is an Investment Grade Tenant – “A” Rating from Standard & Poor.
- Rental Increases: Upcoming rent bump to $20,500/month in 2024, then 9.75% 5 years after
- Zero Landlord Responsibility: Absolute NNN with Fee Simple Ownership.
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,880 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.17 AC
Zoning
C
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 24-44-23-C1-01027.0010 | Improvements Assessment | $1,302,193 |
| Land Assessment | $409,416 | Total Assessment | $2,771,925 |
Property Taxes
Parcel Number
24-44-23-C1-01027.0010
Land Assessment
$409,416
Improvements Assessment
$1,302,193
Total Assessment
$2,771,925
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