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7-Eleven 18971 SR 31 3,120 SF Retail Building North Fort Myers, FL 33917 $6,130,000 ($1,964.74/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- 2020 Construction. 3,120+/- SF Building on 1.84+/- Acre Site
- Strong Signalized Corner Location Along Two of the Regions Major Thoroughfares
- 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
- Attractive Tax Advantages via reinstated Bonus Depreciation
- Just South of 18,000 Acre Babcock Ranch Development – 19,000 Homes & 50,000 Residents
- North Fort Myers | The Fort Myers MSA is Home to 861,000+ Residents | Population: 104,100+
EXECUTIVE SUMMARY
10 Years Left on Abs. NNN Corp. Lease with 10% Rental Increases Every 5 Years in Primary Term and (4) 5-Year Options
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
3,120 SF
Year Built
2020
Price
$6,130,000
Price Per SF
$1,964.74
Cap Rate
5%
NOI
$306,502
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.84 AC
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7-Eleven | 18971 SR 31
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