1021 Santa Barbara Blvd - Convenience Store FOR SALE
Cape Coral, FL 33991 |
1021 Santa Barbara Blvd
Cape Coral, FL 33991
HIGHLIGHTS
- Strong Site Commitment: Newly extended 10-Year lease with over 11.2 years remaining in the base term.
- Rental Increases: Upcoming rent bump to $20,500/month in 2024, then 9.75% 5 years after
- Phenomenal Store Traffic: Per Placer.ai, this store ranks amongst the 87th percentile nationwide.
- Zero Landlord Responsibility: Absolute NNN with Fee Simple Ownership.
- Investment Grade Credit: 7–Eleven is an Investment Grade Tenant – “A” Rating from Standard & Poor.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
2880
STORIES
1
YEAR BUILT
2001
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
24-44-23-C1-01027.0010
