7137 Maida Ln
Fort Myers, FL 33908
76 Gas Station · Retail Property For Sale

Embree Capital Markets Group is pleased to offer for sale to qualified investors a unique freestanding 76 gas station and convenience store triple-net-leased to U.S. Petroleum, LLC. The location was previously brand-ed as a Marathon gas station, and in 2018, ownership changed hands and it was re-branded to 76, along with various property renovations. This is an opportunity for an investor to acquire a well-located gas station in a personal income tax-free state. The absolute NNN lease features an attractive 2.00% annual increase during its 21-year primary term and features two, 10-year extension options. Rent commenced on December 31, 2018 and will expire on December 31, 2039. Fort Myers, Florida is located approximately 130 miles south of Tampa on the southwest coast of Florida within the Cape Coral-Fort Myers Metropolitan Statistical Area (MSA). The MSA has grown 40% since the census in 2000, much faster than the average growth rate of 17% experienced throughout the state of Florida. The city encompasses 40 square miles, of which 31.8 square miles is land and the remainder is water. Fort Myers is the county seat of Lee County, the eighth most populous county in Florida with a population of over 720,000 people. The abundance of tourism activities and warm winter climate attracts millions of visitors to Lee County each year.